Pakistan’s Real Effective Exchange Rate (REER) continued to drop in June 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 96.6 against 97.8 in May 2025.
This is the lowest REER level since September 2023, according to Arif Habib Limited.
The REER stood at 99.3 in April 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.
