36. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee - ആർബിഐ - 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 | |
April | March | April | |||
1 | 2 | 3 | 4 | 5 | |
40-Currency Basket (Base: 2015-16=100) | |||||
1 Trade-weighted | |||||
1.1 NEER | 93.92 | 93.13 | 92.26 | 92.74 | 93.31 |
1.2 REER | 103.46 | 104.66 | 100.90 | 103.39 | 103.64 |
2 Export-weighted | |||||
2.1 NEER | 93.59 | 93.55 | 92.40 | 93.72 | 94.48 |
2.2 REER | 102.96 | 103.48 | 99.84 | 102.30 | 102.62 |
6-Currency Basket (Trade-weighted) | |||||
1 Base: 2015-16 = 100 | |||||
1.1 NEER | 88.45 | 87.03 | 86.56 | 86.42 | 87.59 |
1.2 REER | 101.84 | 102.27 | 99.72 | 100.92 | 103.58 |
2 Base: 2020-21 = 100 | |||||
2.1 NEER | 100.00 | 98.39 | 97.86 | 97.70 | 99.03 |
2.2 REER | 100.00 | 100.42 | 97.92 | 99.10 | 101.71 |
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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