Pakistan’s Real Effective Exchange Rate (REER) fell below 100 in April 2025, according to the latest data issued by the State Bank of Pakistan (SBP).
According to the latest monthly data released by the central bank, the REER Index stood at 99.42 against 101.6 in March 2025.
The REER stood at 102.3 in February 2025.
A REER above 100 indicates a loss in trade competitiveness with exports becoming more expensive and imports getting cheaper, while a REER below 100 means the country’s exports are competitive.
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