No. 51 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee - આરબીઆઈ - Reserve Bank of India
No. 51 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
(5-country trade based weights) |
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Year / Month / Day |
Base: 1991-92 (April- |
Base: 1993-94 (April- |
Base: 2000-01 (April- |
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NEER |
REER |
NEER |
REER |
NEER |
REER |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
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1990-91 |
133.07 |
121.64 |
175.04 |
141.69 |
237.29 |
140.34 |
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1991-92 |
100.00 |
100.00 |
131.54 |
116.48 |
178.31 |
116.38 |
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1992-93 |
89.57 |
96.42 |
117.81 |
112.31 |
159.71 |
111.08 |
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1993-94 |
76.02 |
85.85 |
100.00 |
100.00 |
135.56 |
99.24 |
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1993-94 |
76.02 |
85.85 |
100.00 |
100.00 |
135.56 |
99.24 |
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1994-95 |
73.06 |
90.23 |
96.09 |
105.81 |
130.27 |
105.01 |
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1995-96 |
66.67 |
87.23 |
87.69 |
102.29 |
118.89 |
101.51 |
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1996-97 |
65.67 |
88.20 |
86.38 |
103.43 |
117.21 |
102.64 |
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1997-98 |
65.71 |
90.25 |
86.43 |
105.84 |
117.23 |
105.03 |
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1998-99 |
58.12 |
83.38 |
76.45 |
97.79 |
103.64 |
97.04 |
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1999-00 |
56.42 |
82.49 |
74.22 |
96.74 |
100.61 |
96.00 |
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2000-01 |
56.08 |
85.92 |
73.77 |
100.76 |
100.00 |
100.00 |
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2001-02 |
(P) |
55.64 |
87.05 |
73.18 |
102.09 |
99.21 |
101.31 |
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2000-01 |
September |
56.38 |
85.74 |
74.17 |
100.55 |
100.55 |
99.79 |
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October |
56.08 |
87.04 |
73.77 |
102.07 |
100.01 |
101.30 |
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November |
55.79 |
86.65 |
73.39 |
101.62 |
99.50 |
100.85 |
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December |
55.23 |
85.99 |
72.65 |
100.85 |
98.49 |
100.09 |
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January |
55.09 |
85.64 |
72.46 |
100.44 |
98.23 |
99.67 |
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February |
55.49 |
85.97 |
72.99 |
100.82 |
98.95 |
100.05 |
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March |
56.06 |
87.01 |
73.74 |
102.04 |
99.97 |
101.28 |
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2001-02 |
April |
56.41 |
87.73 |
74.20 |
102.89 |
100.58 |
102.16 |
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May |
56.45 |
87.64 |
74.26 |
102.78 |
100.67 |
102.03 |
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June |
56.92 |
88.55 |
74.87 |
103.85 |
101.51 |
103.12 |
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July |
56.77 |
88.82 |
74.68 |
104.17 |
101.24 |
103.38 |
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August |
55.74 |
87.35 |
73.32 |
102.44 |
99.39 |
101.66 |
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September |
54.53 |
85.29 |
71.73 |
100.02 |
97.24 |
99.25 |
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October |
54.44 |
85.78 |
71.61 |
100.60 |
97.08 |
99.84 |
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November |
54.95 |
86.69 |
72.27 |
101.67 |
97.97 |
100.89 |
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December |
55.37 |
87.20 |
72.84 |
102.26 |
98.74 |
101.49 |
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January |
55.47 |
86.76 |
72.96 |
101.75 |
98.91 |
100.98 |
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February |
55.46 |
86.48 |
72.95 |
101.42 |
98.89 |
100.64 |
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March |
55.10 |
86.16 |
72.48 |
101.04 |
98.25 |
100.27 |
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2002-03 |
April |
54.65 |
85.34 |
71.88 |
100.09 |
97.44 |
99.32 |
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May |
53.57 |
83.80 |
70.46 |
98.27 |
95.52 |
97.52 |
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June |
52.70 |
83.38 |
69.32 |
97.78 |
93.97 |
97.04 |
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July |
51.51 |
82.01 |
67.76 |
96.18 |
91.85 |
95.45 |
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August |
52.08 |
83.45 |
68.50 |
97.87 |
92.86 |
97.12 |
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September |
52.25 |
83.72 |
68.73 |
98.18 |
93.17 |
97.43 |
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October |
(P) |
52.56 |
84.23 |
69.14 |
98.78 |
93.72 |
98.03 |
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November |
(P) |
52.15 |
83.68 |
68.59 |
98.14 |
92.99 |
97.39 |
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December |
(P) |
52.00 |
82.99 |
68.40 |
97.32 |
92.73 |
96.58 |
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January |
(P) |
51.24 |
82.08 |
67.39 |
96.26 |
91.36 |
95.52 |
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As on |
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January |
24 |
(P) |
50.96 |
81.43 |
67.04 |
95.50 |
90.88 |
94.77 |
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January |
31 |
(P) |
50.95 |
81.45 |
67.02 |
95.52 |
90.85 |
94.79 |
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February |
7 |
(P) |
51.18 |
82.01 |
67.32 |
96.17 |
91.26 |
95.44 |
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February |
14 |
(P) |
51.15 |
81.96 |
67.29 |
96.12 |
91.21 |
95.39 |
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Notes :. |
1 |
Rise in indices indicates appreciation of rupee and vice versa. |
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2. |
For "Note on Methodology" on the indices presented here, please see Page S 653 of July 1998 issue of this Bulletin. |
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3. |
It may be recalled that in the aforesaid Note on Methodology, it was indicated that the base year 1996-97 would be a moving one. Accordingly, with effect from April 2002, the base year 1999-00 has been shifted forward to 2000-01. |
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4. |
The indices on REER have been recalculated from April 1993 onwards using the new Wholesale Price Index (WPI) series with base year 1993-94. |
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5. |
For a monthly time-series since April 1993, please see August 2002 issue of the Bulletin. |