Pakistan’s REER index increases to 107.92 in July 2026

According to Business Recorder, the State Bank of Pakistan's latest figures put the Real Effective Exchange Rate at 107.92 for July 2026, climbing from 106.33 in June. The index tracks the national currency's worth relative to a weighted basket of overseas currencies. Data released on Tuesday showed a month-on-month increase of 1.5%.

Topline Research said the level remains at an eight-year high and is higher than its decade-long average of 102.44. A reading above 100 generally means exports are less competitive while imports are cheaper, and the position reverses when the index falls below that mark.

The central bank's explanatory note says 100 should not be read as the currency's equilibrium level. Movements away from 100 simply reflect changes relative to the 2010 average and carry no equilibrium meaning.