June 17, 2025 (MLN) – The Saudi Riyal (SAR) and UAE Dirham (AED) showed minor fluctuations against the Pakistani Rupee (PKR) in today’s trading session, while the Qatari Riyal (QAR) remained steady.
As of 10 a.m. PST, SAR was quoted at 75.30 PKR for buying and 76.20 PKR for selling. The AED followed closely, with a buying rate of 77 PKR and a selling rate of 77.9 PKR. The QAR maintained its rates at 76 PKR for buying and 77 PKR for selling.
This stability in exchange rates reflects a steady economic environment, which supports confidence among traders and investors involved in cross-border transactions.
Given that a large Pakistani diaspora resides in the Middle East, especially in Saudi Arabia and the UAE, these currency rates are closely watched. They impact remittances and business activities between the countries.
The Middle East remains a vital source of energy imports and foreign remittances for Pakistan. Around 11.5 million Pakistanis lived in the region as of November 2024. This diaspora includes a diverse mix of professionals, entrepreneurs, laborers, and skilled workers.
In May 2025, remittances from the Middle East accounted for about 55% of Pakistan’s total inflows, highlighting their critical role in the economy. Saudi Arabia remained the largest contributor, with remittances rising 25% year-on-year to $913.95 million. The UAE followed as the second-largest source, sending $735.03 million, marking a 20% increase compared to the same period last year.
