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83315864

51: Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee

(6-Currency Trade Based Weights)

Year/Month/Day

Base: 1993-94 (April-March) =100

Base: 2006-2007(April-March) =100

NEER

REER

NEER

REER

1993-94

 

100.00

100.00

143.96

94.77

1994-95

 

96.96

105.82

139.52

100.24

1995-96

 

88.56

101.27

127.44

95.93

1996-97

 

86.85

101.11

124.97

95.78

1997-98

 

87.94

104.41

126.54

98.91

1998-99

 

77.49

96.14

111.50

91.08

1999-00

 

77.16

97.69

111.03

92.54

2000-01

 

77.43

102.82

111.42

97.40

2001-02

 

76.04

102.71

109.43

97.29

2002-03

 

71.27

97.68

102.56

92.53

2003-04

 

69.97

99.17

100.68

93.94

2004-05

 

69.58

101.78

100.12

96.42

2005-06

 

72.28

107.30

104.02

101.64

2006-07

 

69.49

105.57

100.00

100.00

2007-08 (P)

 

74.17

114.09

106.73

108.08

2006-07

April

71.63

105.86

103.08

100.28

 

May

69.39

103.70

99.85

98.23

 

June

68.79

103.19

98.99

97.75

 

July

68.14

102.31

98.06

96.92

 

August

67.65

102.26

97.35

96.87

 

September

68.40

104.88

98.43

99.35

 

October

69.66

107.34

100.24

101.68

 

November

69.90

107.92

100.59

102.23

 

December

69.38

106.52

99.84

100.90

 

January

70.32

107.69

101.20

102.01

 

February

70.42

107.67

101.33

102.00

 

March

70.23

107.46

101.07

101.80

2007-08 (P)

April

72.74

111.63

104.67

105.75

 

May

75.19

115.73

108.20

109.63

 

June

75.37

115.22

108.46

109.15

 

July

75.15

115.10

108.15

109.04

 

August

74.44

114.10

107.13

108.08

 

September

74.64

115.03

107.41

108.97

 

October

75.45

115.79

108.58

109.69

 

November

74.34

113.90

106.97

107.89

 

December

74.65

114.52

107.42

108.48

 

January

74.31

114.23

106.93

108.21

 

February

73.41

113.06

105.64

107.10

 

March

70.38

110.87

101.28

105.02

2008-09 (P)

April

70.63

112.16

101.64

106.24

 

May

67.48

108.23

97.11

102.53

 

June (P)

66.38

108.20

95.52

102.50

 

July (P)

65.83

107.94

94.73

102.25

 

August (P)

67.22

111.30

96.73

105.43

 

September (P)

64.46

107.11

92.76

101.46

 

October (P)

62.08

102.36

89.33

96.96

 

November (P)

63.06

102.98

90.75

97.55

 

December (P)

62.12

99.97

89.39

94.70

 

As on

       
 

December

26, 2008 (P)

62.22

100.10

89.53

94.82

 

January

2, 2009 (P)

61.27

98.58

88.16

93.38

 

January

9, 2009 (P)

61.40

98.27

88.35

93.09

 

January

16, 2009 (P)

62.44

99.94

89.85

94.67

 

January

23, 2009 (P)

62.67

100.30

90.18

95.01

Notes :  1. Rise in indices indicate appreciation of rupee and vice versa.
     2.  For “Note on Methodology” on the indices presented here, please see December 2005 issue of this Bulletin.
     3.  Base year 2006-07 is a moving one, which gets updated every year.

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