Pakistan's Real Effective Exchange Rate (REER) Increases to 91.72 in September 2023

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پاکستان عنوانات خبریں

پاکستان تازہ ترین خبریں,پاکستان عنوانات

Pakistan's Real Effective Exchange Rate (REER) increased to 91.72 in September 2023, up from 90.1 in August 2023, according to data released by the State Bank of Pakistan (SBP). This represents a 1.86% increase month-on-month (MoM).

Pakistan’s Real Effective Exchange Rate , a measure of the value of a currency against a weighted average of several foreign currencies, witnessed an increase as it clocked in at 91.72 in September 2023, up from 90.1 in August 2023, according to data released by the

Appreciation of REER is sometimes confused with the concept of currency overvaluation while these are two separate concepts and not necessarily interpreted in the same direction. For an assessment of a country’s exchange rate misalignment, a more sophisticated analysis is required taking into account factors such as demographics, external and fiscal sustainability, and some other macroeconomic fundamentals over the medium-term.

 

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 /  🏆 22. in PK

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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