Pakistan’s Real Effective Exchange Drops Further in March 2025

Pakistan’s Real Effective Exchange Rate (REER) clocked in at 101.6 in March 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 101.6 in March 2025 against 102.3 recorded in February 2025. The REER stood at 104.06 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.