Pakistan’s REER Index Clocks in at 99.42 in April 2025
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Pakistan Rupee Reaches Strongest Level in Seven Months Against Trading Partners
Karachi May 16 2025: The REER index was recorded at 99.4 in April 2025 as compared to 101.6 in March 2025 improved by 220 basis points, according to data published by State Bank of Pakistan. While during the month of April 2025 Pak rupee depreciate 0.29 percent to close the month at 280.97, as per official data of SBP. Note: A REER index of 100 should not be misinterpreted as denoting the equilibrium value of the currency. 100 merely represents …
Pakistan’s REER index clocks in at 99.42 in April 2025
Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of several foreign currencies, dropped to 99.42 in April 2025, down from 101.55 (revised) in March 2025, data released by the State Bank of Pakistan (SBP) on Friday showed. A REER above 100 means the country’s exports are uncompetitive, while imports are cheaper. The situation reverses when REER is below 100 on the index. As per SBP’s …
PKR’s REER index decreases to 99.42 in April
May 16, 2025 (MLN): Pak Rupee’s Real Effective Exchange Rate Index (REER) decreased by 2.09% in April 2025 to a provisional value of 99.42 from the revised value of 101.55 in March 2025. According to data published by the State Bank of Pakistan (SBP), the REER index has dropped by 4.8% compared to 104.44 in April 2024. Similarly, the Nominal Effective Exchange Rate Index (NEER) inched down by 1.06% in April to a provisional value of 38.11 from t…
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