Real Effective Exchange Rate – May’26 | REER Increases to 106.15pts

REER increased to 106.15pts in May’26 (highest since Sep’18) from 105.8pts in Apr’26, indicating a 8.5%YoY/0.33%MoM appreciation as the Current Account recorded a surplus of US$459mn in May’26 supported by strong 20%MoM surge in worker’s remittances.
 
NEER remained flat 37.9pts in May’26 compared to 37.89pts in Apr’26. The PkR appreciated by +0.1%MoM to PkR278.4/US$ in May’26, partly due to stronger remittance inflows as well as administrative measures to control the spread between the USDTT rate and the interbank rate.

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