Pakistan’s Real Effective Exchange Rate (REER) clocked in at 102.27 in February 2025, according to 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 102.27 in January 2025 against 104.06 recorded in January 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.