No. 53 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee

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असेट प्रकाशक

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प्रकाशित जुलाई 03, 1999

सुनें

No. 53 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee

(5-country trade based weights)


Year / Month / Day		Base: 1991-92 (April-March) =100		Base: 1993-94 (April-March) =100		Base: 1997-98 (April-March) =100
		NEER	REER	NEER	REER	NEER	REER
	1	2	3	4	5	6	7
1990-91		133.07	121.64	175.04	141.69	202.53	133.56
1991-92		100.00	100.00	131.54	116.48	152.19	109.80
1992-93		89.57	96.42	117.81	112.31	136.31	105.87
1993-94		76.02	85.85	100.00	100.00	115.70	94.27
1994-95		73.06	89.76	96.09	104.55	111.18	98.56
1995-96		66.67	86.33	87.69	100.56	101.46	94.79
1996-97		65.67	88.58	86.38	103.18	99.94	97.26
1997-98		65.71	91.08	86.43	106.08	100.00	100.00
1998-99 (P)		58.12	85.34	76.45	99.40	88.46	93.70

1993	January	92.35	99.49	121.48	115.88	140.55	109.23
	February	93.14	100.54	122.51	117.10	141.74	110.39
	March	76.80	82.88	101.02	96.54	116.88	91.00

1993-94	April	75.39	81.43	99.16	94.84	114.73	89.40
	May	75.17	81.54	98.88	94.98	114.41	89.53
	June	75.46	82.67	99.26	96.29	114.84	90.77
	July	76.49	84.45	100.61	98.37	116.41	92.73
	August	75.90	84.95	99.84	98.95	115.51	93.27
	September	74.98	85.19	98.63	99.22	114.12	93.53
	October	75.57	87.24	99.40	101.62	115.01	95.79
	November	76.57	88.23	100.72	102.76	116.53	96.87
	December	76.78	88.40	100.99	102.97	116.85	97.06
	January	77.34	89.22	101.73	103.92	117.71	97.96
	February	76.70	88.92	100.88	103.58	116.72	97.64
	March	75.94	88.01	99.89	102.51	115.57	96.64

1994-95	April	75.88	90.00	99.81	104.83	115.48	98.82
	May	75.27	90.49	99.01	105.40	114.56	99.36
	June	74.60	90.19	98.13	105.06	113.54	99.03
	July	73.18	89.56	96.25	104.32	111.37	98.33
	August	73.31	89.73	96.42	104.51	111.57	98.52
	September	72.82	88.87	95.78	103.51	110.82	97.57
	October	72.05	88.24	94.78	102.78	109.66	96.89
	November	72.33	89.04	95.14	103.72	110.08	97.77
	December	73.28	91.37	96.39	106.43	111.52	100.33
	January	72.67	91.43	95.59	106.50	110.60	100.39
	February	72.14	91.00	94.89	105.99	109.78	99.91
	March	69.14	87.20	90.94	101.57	105.22	95.75

1995-96	April	68.18	86.61	89.68	100.88	103.77	95.09
	May	68.92	88.38	90.66	102.95	104.90	97.04
	June	68.69	88.22	90.35	102.76	104.54	96.87
	July	68.96	89.21	90.71	103.91	104.95	97.95
	August	70.37	91.42	92.56	106.49	107.09	100.38
	September	68.04	88.51	89.50	103.09	103.55	97.18
	October	64.80	84.49	85.23	98.41	98.62	92.76
	November	64.63	84.72	85.01	98.68	98.35	93.02
	December	64.64	84.29	85.03	98.18	98.38	92.55
	January	63.75	82.72	83.85	96.35	97.02	90.82
	February	62.39	80.89	82.06	94.22	94.95	88.82
	March	66.62	86.51	87.63	100.76	101.40	94.98


Year / Month / Day			Base: 1991-92 (April-March) =100		Base: 1993-94 (April-March) =100		Base: 1997-98 (April-March) =100
			NEER	REER	NEER	REER	NEER	REER
	1		2	3	4	5	6	7
1996-97	April		67.47	88.05	88.75	102.56	102.68	96.68
	May		66.19	86.94	87.07	101.27	100.74	95.46
	June		66.26	87.36	87.16	101.75	100.85	95.91
	July		65.03	87.12	85.54	101.47	98.97	95.65
	August		64.28	86.99	84.56	101.33	97.83	95.52
	September		64.63	87.85	85.01	102.33	98.36	96.46
	October		65.13	88.64	85.67	103.24	99.12	97.32
	November		64.28	87.95	84.56	102.45	97.83	96.57
	December		64.67	88.53	85.07	103.11	98.42	97.20
	January		65.49	89.50	86.14	104.24	99.67	98.27
	February		67.11	91.94	88.27	107.09	102.13	100.94
	March		67.44	92.10	88.71	107.27	102.64	101.12

1997-98	April		67.84	92.62	89.24	107.88	103.25	101.70
	May		67.03	91.40	88.16	106.46	102.01	100.36
	June		66.71	91.03	87.74	106.03	101.52	99.95
	July		67.40	92.31	88.66	107.52	102.58	101.36
	August		68.45	93.95	90.04	109.44	104.18	103.16
	September		67.19	92.55	88.38	107.80	102.26	101.61
	October		67.05	93.21	88.20	108.57	102.05	102.34
	November		65.03	90.46	85.54	105.36	98.97	99.32
	December		62.71	87.93	82.48	102.42	95.43	96.54
	January		63.04	89.50	82.92	104.24	95.94	98.26
	February		63.39	89.72	83.38	104.50	96.47	98.51
	March		62.65	88.24	82.40	102.79	95.34	96.89

1998-99	April		62.55	89.18	82.27	103.88	95.20	97.92
	May		61.45	88.19	80.82	102.72	93.52	96.83
	June		59.35	86.10	78.08	100.29	90.33	94.53
	July		59.07	86.81	77.70	101.11	89.91	95.31
	August		59.04	87.05	77.66	101.40	89.86	95.58
	September		57.56	85.55	75.71	99.64	87.60	93.93
	October	(P)	56.01	83.58	73.68	97.36	85.25	91.77
	November	(P)	56.50	84.29	74.31	98.18	85.98	92.55
	December	(P)	55.84	82.65	73.45	96.26	84.98	90.74
	January	(P)	55.75	82.28	73.33	95.84	84.85	90.34
	February	(P)	56.78	83.77	74.69	97.57	86.42	91.97
	March	(P)	57.54	84.60	75.69	98.54	87.58	92.89

1999-2000
	April	(P)	57.47	84.30	75.59	98.19	87.46	92.56
	May	(P)	57.70	85.28	75.90	99.33	87.81	93.64

	As on
	May 28	(P)	57.69	85.06	75.88	99.08	87.80	93.40
	Jun. 4	(P)	57.96	85.46	76.24	99.54	88.21	93.84
	Jun. 11	(P)	57.27	84.45	75.33	98.36	87.16	92.72
	Jun. 18	(P)	57.55	84.93	75.70	98.92	87.59	93.25

Note:	1.	Rise in indices indicate appreciation of rupee and vice versa
	2.	For "Note on Methodology" on the indices presented here, please see Page S 653 of July 1998 of this Bulletin.
	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 1999, the base year 1996-97 has been shifted forward to 1997-98.