48. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee

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48. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee

(36-Currency Export and Trade Based Weights) (Base: 1993-94=100)*
Year	Trade Based Weights		Export Based Weights		Year		Trade Based Weights		Export Based Weights
Year	REER	NEER	REER	NEER	Year		REER	NEER	REER	NEER
1	2	3	4	5	1		2	3	4	5
					2007-08	April	102.60	91.80	101.88	92.89
1993-94	100.00	100.00	100.00	100.00		May	106.01	94.69	105.24	95.83
						June	105.92	94.97	105.03	96.07
1994-95	104.32	98.91	104.88	98.18		July	105.99	94.84	105.19	96.08
						August	105.34	94.38	104.47	95.52
1995-96	98.19	91.54	100.10	90.94		September	105.90	94.65	105.12	95.91
						October	106.09	95.29	105.35	96.73
1996-97	96.83	89.27	98.95	89.03		November	104.63	94.27	104.01	95.83
						December	104.94	94.68	104.19	96.11
						January	104.85	94.29	104.26	95.91
1997-98	100.77	92.04	103.07	91.97		February	103.51	93.11	103.04	94.82
						March	101.94	90.01	101.72	91.92
1998-99	93.04	89.05	94.34	90.34	2008-09 (P)	April	101.67	91.51	101.60	91.92
						May	97.55	87.39	97.33	87.69
						June	97.58	86.03	97.49	86.36
1999-00	95.99	91.02	95.28	90.42		July	97.22	85.41	97.34	85.83
						August	99.45	87.04	99.47	87.27
						September	95.69	83.96	95.68	84.06
2000-01	100.09	92.12	98.67	90.12		October	92.01	81.91	91.99	81.81
						November	92.17	83.39	92.04	83.16
						December	90.01	82.47	89.81	82.25
2001-02	100.86	91.58	98.59	89.08		January	89.80	82.27	89.28	81.85
						February	90.59	83.84	90.14	83.47
						March	88.05	80.75	87.28	80.37
2002-03	98.18	89.12	95.99	87.01	2009-10 (P)	April	87.48	83.61	87.14	80.73
						May	89.61	84.43	89.12	81.59
2003-04	99.56	87.14	99.07	87.89		June	90.04	84.78	89.54	81.86
						July	89.59	83.40	89.05	80.48
						August	90.15	83.13	89.57	80.21
2004-05	100.09	87.31	98.30	88.41		September	89.79	82.17	89.24	79.35
						October	91.89	84.29	91.34	81.51
2005-06	102.35	89.85	100.54	91.17		November	93.39	84.27	92.90	81.48
						December	94.18	84.77	93.81	81.96
						January	96.71	86.30	96.42	83.54
2006-07	98.48	85.89	97.42	87.46		February	96.69	86.85	96.65	84.16
						March	99.69	88.28	99.62	85.69
2007-08	104.81	93.91	104.12	95.30	2010-11(P)	April	100.39	90.75	100.87	87.37
						May	100.64	90.19	101.20	86.84
						June	99.44	89.44	100.25	86.16
2008-09	94.32	84.66	94.12	84.67		July	97.20	86.89	98.62	84.15
						August	96.53	86.80	97.47	83.66
2009-10 (P)	92.43	84.69	92.03	81.88		September	98.12	87.56	99.12	84.48
* For "Note on Methodology" and time series data on the indices presented here, please see December 2005 issue of this Bulletin.