The Pakistani rupee appreciated by 1.8 percent against the US dollar during July–April FY2024-25, rising to Rs. 278.8 from Rs. 283.8 a year earlier, as inflation declined and the State Bank of Pakistan (SBP) did what it could to enforce strict measures to support the exchange rate.
According to pre-budget documents seen by ProPakistani, the Real Effective Exchange Rate (REER) also dropped to 99.42 in April 2025 from 104.44 last year, reflecting improved competitiveness of the rupee as inflation pressures eased sharply.
Monthly CPI inflation fell to a historic low of 0.3 percent in April, which allowed the central bank to start cutting interest rates.
The SBP’s clampdown on exchange companies, coupled with tighter monitoring of cross-border transactions and administrative actions to curb dollar speculation, was credited with helping stabilize the currency.
The combination of these moves restored market confidence and buffered the rupee from volatility despite rising imports and external payments.
Yeah that’s what happens when nothing is made here .
More govt artificially mange the currencies the more dent on economy will be prominent. We lack exports and govt failed to provide ease of doing business to a common person.
It’s good to see the SBP taking active steps to stabilize the rupee, even though there’s still a lot of pressure from the global market. In times like this, government support programs become even more important for low-income families. For those looking for updates on Ehsaas and BISP relief initiatives, the 8171 Official Web Portal is a reliable source with the latest information on how to check eligibility and apply for financial assistance.