Pakistan’s Real Effective Exchange Rate (REER) stood at 100.1 in August 2025, marginally higher than 100.0 in July, according to central bank data.
The index recorded a month-on-month increase of 0.09%.
For the fiscal year to date (FY26TD), REER has risen 2.11%.
On a calendar year basis (CY25TD), however, the index is still down 3.44%.
The REER measures the country’s currency value against a basket of trading partners, adjusted for inflation. A level above 100 generally indicates the currency may be overvalued, while a level below suggests undervaluation.
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