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50: 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

 

REER

NEER

REER

NEER

   

REER

NEER

REER

NEER

1

2

3

4

5

1

 

2

3

4

5

1993-94

100.00

100.00

100.00

100.00

2006-07

April

98.16

87.73

97.11

89.18

           

May

96.43

85.43

95.67

87.12

1994-95

104.32

98.91

104.88

98.18

 

June

96.60

85.11

95.61

86.61

           

July

95.75

84.22

94.80

85.74

1995-96

98.19

91.54

100.10

90.94

 

August

95.64

83.61

94.66

85.13

           

September

98.00

84.65

96.78

86.05

1996-97

96.83

89.27

98.95

89.03

 

October

99.96

86.18

98.64

87.53

           

November

100.35

86.50

99.31

88.12

1997-98

100.77

92.04

103.07

91.97

 

December

99.14

85.89

98.25

87.68

           

January

100.69

87.05

99.53

88.72

1998-99

93.04

89.05

94.34

90.34

 

February

100.55

87.21

99.39

88.87

           

March

100.53

87.11

99.35

88.85

1999-00

95.99

91.02

95.28

90.42

2007-08 (P)

April

102.60

91.80

101.88

92.89

           

May

106.01

94.69

105.24

95.83

2000-01

100.09

92.12

98.67

90.12

 

June

105.92

94.97

105.03

96.07

           

July

105.99

94.84

105.19

96.08

2001-02

100.86

91.58

98.59

89.08

 

August

105.34

94.38

104.47

95.52

           

September

105.90

94.65

105.12

95.91

2002-03

98.18

89.12

95.99

87.01

 

October

106.09

95.29

105.35

96.73

           

November

104.63

94.27

104.01

95.83

2003-04

99.56

87.14

99.07

87.89

 

December

104.94

94.68

104.19

96.11

           

January

104.85

94.29

104.26

95.91

2004-05

100.09

87.31

98.30

88.41

 

February

103.51

93.11

103.04

94.82

           

March

101.94

90.01

101.72

91.92

2005-06

102.35

89.85

100.54

91.17

2008-09 (P)

April

101.72

93.26

101.83

93.54

           

May

97.60

89.04

97.52

89.20

2006-07

98.48

85.89

97.42

87.46

 

June

97.61

87.65

97.64

87.85

           

July

97.25

87.04

97.48

87.35

2007-08 (P)

104.81

93.91

104.12

95.30

 

August

99.58

88.60

99.57

88.68

           

September

96.12

85.42

95.90

85.34

2008-09 (P)

96.86

87.31

96.72

87.34

 

October

92.53

83.19

92.02

82.85

           

November

92.46

84.30

91.79

83.89

* : For “Note on Methodology” and time series data on the indices presented here, please see December 2005 issue of this Bulletin.


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