(5-country trade based weights)

Year/Month/Day

Base: 1991-92 (April-

Base: 1993-94 (April-

Base: 1996-97 (April-

March) =100

March) =100

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

202.65

137.33

1995-96

66.67

86.33

87.69

100.56

101.52

97.46

1996-97

65.67

88.58

86.38

103.18

100.00

100.00

1997-98

65.71

91.08

86.43

106.08

100.06

102.82

1993

January

92.35

99.49

121.48

115.88

140.64

112.31

February

93.14

100.54

122.51

117.10

141.83

113.50

March

76.80

82.88

101.02

96.54

116.95

93.57

1993-94

April

75.39

81.43

99.16

94.84

114.81

91.92

May

75.17

81.54

98.88

94.98

114.48

92.05

June

75.46

82.67

99.26

96.29

114.91

93.32

July

76.49

84.45

100.61

98.37

116.49

95.34

August

75.90

84.95

99.84

98.95

115.58

95.90

September

74.98

85.19

98.63

99.22

114.19

96.17

October

75.57

87.24

99.40

101.62

115.08

98.49

November

76.57

88.23

100.72

102.76

116.61

99.60

December

76.78

88.40

100.99

102.97

116.92

99.80

January

77.34

89.22

101.73

103.92

117.78

100.72

February

76.70

88.92

100.88

103.58

116.80

100.39

March

75.94

88.01

99.89

102.51

115.65

99.36

1994-95

April

75.88

90.00

99.81

104.83

115.56

101.61

May

75.27

90.49

99.01

105.40

114.63

102.16

June

74.60

90.19

98.13

105.06

113.61

101.82

July

73.18

89.56

96.25

104.32

111.44

101.10

August

73.31

89.73

96.42

104.51

111.63

101.30

September

72.82

88.87

95.78

103.51

110.89

100.32

October

72.05

88.24

94.78

102.78

109.73

99.62

November

72.33

89.04

95.14

103.72

110.15

100.52

December

73.28

91.37

96.39

106.43

111.59

103.15

January

72.67

91.43

95.59

106.50

110.67

103.22

February

72.14

91.00

94.89

105.99

109.85

102.73

March

69.14

87.20

90.94

101.57

105.29

98.45

1995-96

April

68.18

86.61

89.68

100.88

103.83

97.77

May

68.92

88.38

90.66

102.95

104.96

99.78

June

68.69

88.22

90.35

102.76

104.60

99.60

July

68.96

89.21

90.71

103.91

105.02

100.71

August

70.37

91.42

92.56

106.49

107.16

103.21

September

68.04

88.51

89.50

103.09

103.61

99.92

October

64.80

84.49

85.23

98.41

98.68

95.38

November

64.63

84.72

85.01

98.68

98.42

95.64

December

64.64

84.29

85.03

98.18

98.44

95.16

January

63.75

82.72

83.85

96.35

97.08

93.38

February

62.39

80.89

82.06

94.22

95.01

91.32

March

66.62

86.51

87.63

100.76

101.46

97.66

1996-97

April

67.47

88.05

88.75

102.56

102.75

99.40

May

66.19

86.94

87.07

101.27

100.80

98.15

June

66.26

87.36

87.16

101.75

100.91

98.62

July

65.03

87.12

85.54

101.47

99.03

98.35

August

64.28

86.99

84.56

101.33

97.89

98.21

September

64.63

87.85

85.01

102.33

98.42

99.18

October

65.13

88.64

85.67

103.24

99.18

100.06

November

64.28

87.95

84.56

102.45

97.89

99.29

December

64.67

88.53

85.07

103.11

98.49

99.94

January

65.49

89.50

86.14

104.24

99.73

101.03

February

67.11

91.94

88.27

107.09

102.20

103.79

March

67.44

92.10

88.71

107.27

102.70

103.97

1997-98

April

67.84

92.62

89.24

107.88

103.31

104.56

May

67.03

91.40

88.16

106.46

102.07

103.18

June

66.71

91.03

87.74

106.03

101.59

102.76

July

67.40

92.31

88.66

107.52

102.64

104.21

August

68.45

93.95

90.04

109.44

104.24

106.07

September

67.19

92.55

88.38

107.80

102.32

104.48

October

67.05

93.21

88.20

108.57

102.11

105.22

November

65.03

90.46

85.54

105.36

99.03

102.12

December

62.71

87.93

82.48

102.42

95.49

99.26

January

63.04

89.50

82.92

104.24

96.00

101.03

February

63.39

89.72

83.38

104.50

96.53

101.29

March

62.65

88.24

82.40

102.79

95.40

99.62

1998-99

April

62.55

89.18

82.27

103.88

95.25

100.68

May

61.44

88.19

80.82

102.73

93.57

99.56

June

59.36

86.10

78.08

100.29

90.40

97.20

July

(P)

59.07

86.81

77.70

101.11

89.96

98.00

August

(P)

59.04

87.05

77.66

101.39

89.91

98.27

September

(P)

57.56

85.55

75.71

99.64

87.66

96.58

October

(P)

56.01

83.58

73.68

97.35

85.30

94.35

November

(P)

56.50

84.29

74.31

98.18

86.04

95.16

December

(P)

55.84

82.65

73.45

96.27

85.03

93.30

January

(P)

55.75

82.13

73.33

95.66

84.90

92.71

February

(P)

56.78

83.73

74.69

97.53

86.47

94.52

As on

February 24,

(P)⁺

57.47

84.39

75.59

98.29

87.51

95.27

March 5,

(P)

57.85

84.92

76.09

98.91

88.09

95.87

March 12,

(P)

57.31

84.13

75.38

97.99

87.27

94.98

March 19,

(P)

57.21

83.98

75.25

97.82

87.12

94.81

+

:

RBI Reference Rate of Indian rupee was not available for February 25 and 26, 1999 on account of banks’ strike.

Note

:

Rise in indices indicate appreciation of rupee and vice versa.

For "Note on Methodology" on the indices presented here, please see S 653 of July 1998 issue of this Bulletin.