Tag Archives: Real effective exchange rate hits 32-month high in April

LAHORE: Pakistan’s real effective exchange rate (REER) hit 32-month high at 103.3 in April, posting a change of 2.8 per cent from the previous month’s level of 100.5, the central bank reported on Monday. The REER index has been increasing since January, when it dropped to 95.2 from 96.3 in December 2020, on the back of an appreciation of 3.4pc …

Read More »