No. 50 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee - আরবিআই - Reserve Bank of India
No. 50 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
(36 – country bilateral weights) |
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(Base : 1985 = 100) |
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Year/Month |
Export Based Weights |
Trade Based Weights |
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|
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REER |
Percentage |
NEER |
Percentage |
REER |
Percentage |
NEER |
Percentage |
||||
Variation |
Variation |
Variation |
Variation |
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|
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
|||
|
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1990-91 |
73.33 |
-5.2 |
66.19 |
-7.6 |
75.58 |
-3.6 |
67.20 |
-6.9 |
|||
1991-92 |
61.36 |
-16.3 |
51.12 |
-22.8 |
64.20 |
-15.1 |
52.51 |
-21.9 |
|||
1992-93 |
54.42 |
-11.3 |
42.30 |
-17.3 |
57.08 |
-11.1 |
43.46 |
-17.2 |
|||
1993-94 |
59.09 |
8.6 |
43.48 |
2.8 |
61.59 |
7.9 |
44.69 |
2.8 |
|||
1994-95 |
63.29 |
7.1 |
42.20 |
-2.9 |
66.04 |
7.2 |
43.37 |
-2.9 |
|||
1995-96 |
60.94 |
-3.7 |
38.74 |
-8.2 |
63.62 |
-3.7 |
39.73 |
-8.4 |
|||
1996-97 |
61.14 |
0.3 |
38.09 |
-1.7 |
63.81 |
0.3 |
38.97 |
-1.9 |
|||
1997-98 |
63.76 |
4.3 |
39.93 |
2.2 |
67.02 |
5.0 |
40.01 |
2.7 |
|||
1998-99 |
60.13 |
-5.7 |
35.32 |
-9.3 |
63.44 |
-5.3 |
36.34 |
-9.2 |
|||
1999-00 |
59.70 |
-0.7 |
34.30 |
-2.9 |
63.30 |
-0.2 |
35.46 |
-2.4 |
|||
2000-01 |
62.47 |
4.6 |
34.24 |
-0.2 |
66.53 |
5.1 |
35.52 |
0.2 |
|||
2001-02 (P) |
64.40 |
3.1 |
34.54 |
0.9 |
68.46 |
2.9 |
35.75 |
0.6 |
|||
2001-02 (P) * |
63.97 |
2.4 |
34.31 |
0.2 |
67.96 |
2.1 |
35.47 |
-0.1 |
|||
1999 |
Jan. |
57.91 |
-1.0 |
33.97 |
0.1 |
61.23 |
-0.9 |
35.02 |
0.2 |
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Feb. |
59.18 |
2.2 |
34.50 |
1.6 |
62.56 |
2.2 |
35.56 |
1.6 |
|||
Mar. |
59.96 |
1.3 |
34.98 |
1.4 |
63.40 |
1.3 |
36.07 |
1.4 |
|||
Apr. |
59.81 |
-0.3 |
34.88 |
-0.3 |
63.25 |
-0.2 |
35.95 |
-0.3 |
|||
May |
60.06 |
0.4 |
34.96 |
0.2 |
63.45 |
0.3 |
36.01 |
0.2 |
|||
Jun. |
60.04 |
— |
34.81 |
-0.4 |
63.51 |
0.1 |
35.89 |
-0.3 |
|||
Jul. |
60.12 |
0.1 |
34.80 |
— |
63.64 |
0.2 |
35.92 |
0.1 |
|||
Aug. |
59.23 |
-1.5 |
34.07 |
-2.1 |
62.73 |
-1.4 |
35.18 |
-2.0 |
|||
Sep. |
59.06 |
-0.3 |
33.84 |
-0.7 |
62.59 |
-0.2 |
34.99 |
-0.5 |
|||
Oct. |
59.01 |
-0.1 |
33.51 |
-1.0 |
62.58 |
— |
34.66 |
-0.9 |
|||
Nov. |
59.69 |
1.2 |
33.91 |
1.2 |
63.40 |
1.3 |
35.12 |
1.3 |
|||
Dec. |
59.19 |
-0.8 |
33.91 |
— |
62.91 |
-0.8 |
35.16 |
0.1 |
|||
2000 |
Jan. |
59.09 |
-0.2 |
33.91 |
— |
62.74 |
-0.3 |
35.13 |
-0.1 |
||
Feb. |
59.94 |
1.4 |
34.45 |
1.6 |
63.66 |
1.5 |
35.67 |
1.5 |
|||
Mar. |
61.18 |
2.1 |
34.56 |
0.3 |
65.07 |
2.2 |
35.83 |
0.5 |
|||
Apr. |
62.23 |
1.7 |
34.69 |
0.4 |
66.29 |
1.9 |
36.01 |
0.5 |
|||
May |
63.07 |
1.3 |
35.18 |
1.4 |
67.21 |
1.4 |
36.53 |
1.4 |
|||
Jun. |
61.34 |
-2.7 |
34.15 |
-2.9 |
65.30 |
-2.8 |
35.40 |
-3.1 |
|||
Jul. |
61.68 |
0.5 |
34.31 |
0.5 |
65.65 |
0.5 |
35.57 |
0.5 |
|||
Aug. |
61.15 |
-0.9 |
33.95 |
-1.0 |
65.15 |
-0.8 |
35.23 |
-1.0 |
|||
Sep. |
61.98 |
1.3 |
34.24 |
0.8 |
66.08 |
1.4 |
35.56 |
0.9 |
|||
Oct. |
63.26 |
2.1 |
34.27 |
0.1 |
67.53 |
2.2 |
35.64 |
0.2 |
|||
Nov. |
63.09 |
-0.3 |
34.11 |
-0.5 |
67.30 |
-0.3 |
35.46 |
-0.5 |
|||
Dec. |
62.52 |
-0.9 |
33.73 |
-1.1 |
66.57 |
-1.1 |
34.97 |
-1.4 |
|||
2001 |
Jan. |
62.60 |
0.1 |
33.79 |
0.2 |
66.51 |
-0.1 |
34.95 |
-0.1 |
||
Feb. |
62.89 |
0.5 |
34.05 |
0.8 |
66.89 |
0.6 |
35.23 |
0.8 |
|||
Mar. |
63.81 |
1.5 |
34.46 |
1.2 |
67.86 |
1.5 |
35.66 |
1.2 |
|||
Apr. |
64.36 |
0.9 |
34.71 |
0.7 |
68.39 |
0.8 |
35.91 |
0.7 |
|||
May |
64.33 |
-0.1 |
34.74 |
0.1 |
68.37 |
— |
35.94 |
0.1 |
|||
Jun. |
(P) |
64.95 |
1.0 |
35.02 |
0.8 |
69.06 |
1.0 |
36.24 |
0.9 |
||
Jul. |
(P) |
65.01 |
0.1 |
34.92 |
-0.3 |
69.11 |
0.1 |
36.14 |
-0.3 |
||
Aug. |
(P) |
63.89 |
-1.7 |
34.19 |
-2.1 |
67.91 |
-1.7 |
35.38 |
-2.1 |
||
Sep. |
(P) |
62.77 |
-1.8 |
33.66 |
-1.6 |
66.74 |
-1.7 |
34.83 |
-1.6 |
||
Oct. |
(P) |
63.21 |
0.7 |
33.65 |
— |
67.19 |
0.7 |
34.81 |
-0.1 |
||
Nov. |
(P) |
63.68 |
0.7 |
33.88 |
0.7 |
67.68 |
0.7 |
35.04 |
0.7 |
||
Dec. |
(P) |
64.12 |
0.7 |
34.18 |
0.9 |
68.05 |
0.5 |
35.30 |
0.7 |
||
2002 |
Jan. |
(P) |
63.80 |
-0.5 |
34.25 |
0.2 |
67.62 |
-0.6 |
35.32 |
0.1 |
|
Feb. |
(P) |
63.39 |
-0.6 |
34.15 |
-0.3 |
67.20 |
-0.6 |
35.23 |
-0.3 |
||
Mar. |
(P) |
68.89 |
8.7 |
37.10 |
8.7 |
73.84 |
9.9 |
38.87 |
10.3 |
||
Apr. |
(P) |
67.73 |
-1.7 |
36.78 |
-0.9 |
72.57 |
-1.7 |
38.52 |
-0.9 |
||
May |
(P) |
67.13 |
-0.9 |
36.11 |
-1.8 |
71.90 |
-0.9 |
37.80 |
-1.9 |
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Note :1. The indices on REER have been recalculated from April 1994 onwards using the new wholesale price index (WPI) series with base year 1993-94=100. 2. The REER & NEER indices have been estimated using the common price index and the exchange rate for the Euro, thus representing 32 countries including the Euro area w.e.f. 01.03.2002. Also see ‘Notes on Tables’. |