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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

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

2009-10 (P) April

87.48

83.61

87.14

80.73

1994-95

104.32

98.91

104.88

98.18

May

89.61

84.43

89.12

81.59

1995-96

98.19

91.54

100.10

90.94

June

90.04

84.78

89.54

81.86

1996-97

96.83

89.27

98.95

89.03

July

89.59

83.40

89.05

80.48

1997-98

100.77

92.04

103.07

91.97

August

90.15

83.13

89.57

80.21

1998-99

93.04

89.05

94.34

90.34

September

89.79

82.17

89.24

79.35

1999-00

95.99

91.02

95.28

90.42

October

91.89

84.29

91.34

81.51

2000-01

100.09

92.12

98.67

90.12

November

93.39

84.27

92.90

81.48

2001-02

100.86

91.58

98.59

89.08

December

94.18

84.77

93.81

81.96

2002-03

98.18

89.12

95.99

87.01

January

96.71

86.30

96.42

83.54

2003-04

99.56

87.14

99.07

87.89

February

96.69

86.85

96.65

84.16

2004-05

100.09

87.31

98.30

88.41

March

99.69

88.28

99.62

85.69

2005-06

102.35

89.85

100.54

91.17

2010-11 (P) April

100.39

90.75

100.87

87.37

2006-07

98.48

85.89

97.42

87.46

May

100.64

90.19

101.20

86.84

2007-08

104.81

93.91

104.12

95.30

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

2009-10 (P)

92.43

84.69

92.03

81.88

August

96.53

86.80

97.47

83.66

 

 

 

 

 

September

98.18

87.56

99.09

84.48

 

 

 

 

 

October

99.33

88.95

100.17

85.80

 

 

 

 

 

November

98.16

87.90

99.03

84.82

 

 

 

 

 

December

98.85

88.52

99.94

85.61

* 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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