The real effective exchange rate (REER) is the weighted average of a country's currency in relation to an index or basket of other major currencies. The weights are determined by comparing the ...
Pakistan's real effective exchange rate (REER) – the value of local currency as compared to a basket of currencies of trading partners – appreciated to 101.47 in July 2024, apparently putting ...
But, for the most part, economists and policymakers are more interested in the real effective exchange rate (REER) when measuring a currency's overall alignment. The REER is an average of the ...