36. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee - ಆರ್ಬಿಐ - 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 | 2021-22 | 2022-23 | 2022 | 2023 | |
| March | February | March | |||
| 1 | 2 | 3 | 4 | 5 | |
| 40-Currency Basket (Base: 2015-16=100) | |||||
| 1 Trade-weighted | |||||
| 1.1 NEER | 93.13 | 91.27 | 92.74 | 88.82 | 89.55 |
| 1.2 REER | 104.64 | 102.68 | 103.32 | 99.51 | 99.95 |
| 2 Export-weighted | |||||
| 2.1 NEER | 93.55 | 93.03 | 93.71 | 90.76 | 91.42 |
| 2.2 REER | 103.46 | 100.94 | 102.20 | 97.79 | 98.01 |
| 6-Currency Basket (Trade-weighted) | |||||
| 1 Base: 2015-16 = 100 | |||||
| 1.1 NEER | 87.03 | 85.98 | 86.42 | 82.83 | 83.38 |
| 1.2 REER | 102.27 | 102.02 | 100.92 | 98.29 | 98.94 |
| 2 Base: 2020-21 = 100 | |||||
| 2.1 NEER | 98.39 | 97.20 | 97.70 | 93.64 | 94.27 |
| 2.2 REER | 100.42 | 100.18 | 99.10 | 96.52 | 97.16 |
| Note: Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2020-21 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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