Anyone checking the SAR to PKR rate today should know that this week's currency update compared the Saudi Riyal and UAE Dirham with the Pakistani rupee, the Indian rupee and the Bangladeshi taka. It does not give a confirmed open market figure for either Gulf currency, so this article cannot state today's rupee price for the riyal or the dirham. What follows explains what is known, what is not, and how to compare rates before you send money.
What is confirmed
The comparison covered the Saudi Riyal (SAR) and the UAE Dirham (AED) against three currencies: the Pakistani rupee (PKR), the Indian rupee (INR) and the Taka. The details describe the currencies as tracked over the week. They do not say whether either one rose or fell, or by how much, and they list no buying or selling rates.
Open market and bank rates
The open market rate is the rate offered by exchange companies and money changers, and it can differ from the rate a bank offers for the same currency on the same day. The State Bank of Pakistan, the country's central bank, oversees the banking sector, but the open market rate is set by dealers rather than by a single published table. Because the two rates can be far apart, comparing both before a transfer is a practical step.
How to check the rate yourself
Ask for the buying and selling rates at a licensed exchange company or bank branch on the day you plan to send money, and note the time you checked. Rates move during the day, so a figure from earlier in the week may not match today's. Confirm the rate before you hand over cash or authorise a transfer.
Aasan alfaaz mein
Is article mein aaj ka Saudi riyal aur UAE dirham ka rupay mein confirmed rate nahi diya gaya. Hafte bhar ke comparison mein yeh dono currencies rupay, Indian rupee aur taka ke saath dekhi gayi hain, lekin yeh nahi bataya gaya ke rate barha ya kam hua. Paise bhejne se pehle kisi licensed exchange company ya bank se aaj ka buying aur selling rate khud check karein.
