Pakistani Rupee register significant increase against Saudi Riyal

Pakistani Rupee register significant increase against Saudi Riyal

The Pakistani Rupee has maintained its remarkable performance against theSaudi Arabian currency in the interbank market, demonstrating a significantincrease of Rs1.16.

This surge has resulted in the new exchange rate for the Saudi Riyalsettling at Rs73.73, a notable improvement when compared to the closingrate of Rs74.89 observed on Monday.

As of Tuesday morning, the interbank market now quotes a conversion rate ofone Saudi Riyal to PKR at Rs73.73.

This positive movement in the currency exchange rate reflects a decrease ofRs1.16 in the Saudi Riyal’s value against the Pakistani Rupee in thecontext of interbank trading.