Karachi August 20 2021: The real effective exchange rate (REER) depreciated to 99.4 in July 2021 compared to 99.8 in June 2021, as per data released by State Bank of Pakistan.
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Pakistan Posted Current Account Deficit Of USD 773 Million During July 2021: SBP
Rupee depreciation is the key reason behind improvement in REER as Rupee lost more than 3 percent against the US Dollar during the month of July 2021.
