PKR’s Real Effective Exchange Rate Index Falls 2.06 Percent in June

By MG News | August 01, 2018 at 01:01 PM GMT+05:00

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According to data published by the State Bank of Pakistan, the Real Effective exchange Rate Index of PKR fell by 2.06 percent to 111.19 in June 2018.

The Nominal Exchange Rate Index also fell by 2.44 percent to 79.71.

**Monthly Performance of Index**
Index	June	May	% Change
REER	111.1916	113.5436	-2.06
NEER	79.7159	81.7094	-2.44

PKR lost 5.10 % of its value against the dollar in June, including 3.65% on June 11, 2018 in a market driven adjustment.

It was further devalued on July 16, 2018 by 5.31%. However it has appreciated in recent days and is currently trading at 123.85/123.95 in the interbank.

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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,180.00	107,230.00 105,440.00	1430.00 1.35%
BRENT CRUDE	67.14	67.29 67.05	0.03 0.04%
RICHARDS BAY COAL MONTHLY	97.50	97.50 97.50	0.70 0.72%
ROTTERDAM COAL MONTHLY	103.80	0.00 0.00	-3.70 -3.44%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.45	65.65 65.34	0.00 0.00%
SUGAR #11 WORLD	15.70	16.21 15.55	-0.50 -3.09%