36. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee - આરબીઆઈ - Reserve Bank of India
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36. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee
Item | 2020-21 | 2021-22 | 2021 | 2022 | |
March | February | March | |||
1 | 2 | 3 | 4 | 5 | |
40-Currency Basket (Base: 2015-16=100) | |||||
1 Trade-weighted | |||||
1.1 NEER | 93.92 | 93.71 | 95.01 | 93.74 | 93.31 |
1.2 REER | 103.46 | 104.23 | 103.94 | 103.57 | 103.08 |
2 Export-weighted | |||||
2.1 NEER | 93.59 | 93.53 | 94.52 | 93.90 | 93.74 |
2.2 REER | 102.96 | 103.59 | 103.37 | 103.06 | 102.66 |
6-Currency Basket (Trade-weighted) | |||||
1 Base: 2015-16 = 100 | |||||
1.1 NEER | 88.46 | 87.03 | 88.56 | 86.91 | 86.44 |
1.2 REER | 101.86 | 102.34 | 101.71 | 101.66 | 101.42 |
2 Base: 2019-20 = 100 | |||||
2.1 NEER | 93.24 | 91.73 | 93.34 | 91.61 | 91.11 |
2.2 REER | 98.36 | 98.82 | 98.21 | 98.16 | 97.93 |
Note: Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2019-20 is a moving one, which gets updated every year. REER figures are based on Consumer Price Index (combined). The details on methodology used for compilation of NEER/REER indices are available in December 2005, April 2014 and January 2021 issues of the RBI Bulletin. |
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