Magnetization reversal and exchange coupling are investigated in Pr-Fe-B melt-spun ribbons. In nanocomposite magnets, not only does the coercivity decrease but also magnetization reversal becomes more non-uniform in hard grains. The non-uniform magnetization reversal, resulting in a deterioration of squareness in hysteresis loop and a drop of the maximum Henkel plot value, mainly is caused by random arrangement of easy axes and intergranular soft regions among hard grains even with well exchange coupling between soft-hard grains in these ribbons. It is expected that the uniformity in magnetization reversal could be improved with the perfection of easy axes alignment in anisotropy nanocomposites.