Karachi April 17 2025: The REER index was recorded at 101.62 in March 2025 as compared to 102.25 in February 2025 improved by 63 basis points, according to data published by State Bank of Pakistan.
While during the month of March 2025 Pak rupee depreciate 0.18 percent to close the month at 280.16, as per official data of SBP.
Note: A REER index of 100 should not be misinterpreted as denoting the equilibrium value of the currency. 100 merely represents the value of the currency at a chosen point in time (in this case the average value of the currency in 2010). Therefore, movement of the REER away from 100 simply reflects changes relative to its average value in 2010 and is unrelated to its equilibrium value.
