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83372292

51. Indices of REER and NEER of the Indian Rupee (5-country trade based weights)

Year / Month / Day

 

Base: 1991-92 (April-March) = 100

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

Base: 2003-04 (April-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

259.84

141.99

1991-92

   

100.00

100.00

131.54

116.48

195.26

117.75

1992-93

   

89.57

96.42

117.81

112.31

174.89

112.38

1993-94

   

76.02

85.85

100.00

100.00

148.45

100.40

1993-94

   

76.02

85.85

100.00

100.00

148.45

100.40

1994-95

   

73.06

90.23

96.09

105.81

142.65

106.24

1995-96

   

66.67

87.23

87.69

102.29

130.19

102.71

1996-97

   

65.67

88.20

86.38

103.43

128.35

103.85

1997-98

   

65.71

90.25

86.43

105.84

128.38

106.26

1998-99

   

58.12

83.38

76.45

97.79

113.49

98.18

1999-00

   

56.42

82.49

74.22

96.74

110.17

97.13

2000-01

   

56.08

85.92

73.77

100.76

109.51

101.18

2001-02

   

55.64

87.05

73.18

102.09

108.64

102.49

2002-03

   

52.29

83.46

68.78

97.88

102.11

98.24

2003-04

   

51.21

84.93

67.36

99.60

100.00

100.00

2004-05 (P)

 

50.24

86.90

66.09

101.91

98.11

102.32

2002-03

October

 

52.56

84.24

69.14

98.79

102.64

99.18

   

November

 

52.15

83.76

68.59

98.23

101.82

98.61

   

December

 

52.00

83.10

68.40

97.46

101.55

97.86

   

January

 

51.24

82.11

67.40

96.30

100.06

96.68

   

February

 

51.33

82.61

67.51

96.88

100.21

97.27

   

March

 

51.48

83.61

67.72

98.06

100.55

98.47

2003-04

April

 

51.83

84.88

68.18

99.55

101.20

99.93

   

May

 

50.85

83.49

66.88

97.91

99.29

98.31

   

June

 

51.03

83.82

67.12

98.30

99.64

98.70

   

July

 

52.13

85.50

68.56

100.27

101.79

100.67

   

August

 

52.92

86.78

69.61

101.77

103.33

102.17

   

September

 

52.52

86.85

69.08

101.86

102.57

102.28

   

October

 

51.65

85.68

67.94

100.48

100.85

100.89

   

November

 

51.42

85.89

67.63

100.72

100.41

101.13

   

December

 

50.28

83.83

66.14

98.31

98.18

98.70

   

January

 

49.64

83.56

65.30

97.99

96.94

98.38

   

February

 

49.61

83.71

65.25

98.16

96.87

98.56

   

March

 

50.66

85.14

66.64

99.85

98.93

100.26

2004-05

April

 

52.16

87.93

68.61

103.12

101.85

103.53

   

May

 

51.14

86.45

67.27

101.38

99.87

101.79

   

June

 

50.28

86.29

66.14

101.19

98.18

101.60

   

July

 

49.49

85.61

65.10

100.40

96.64

100.81

   

August

 

49.47

86.30

65.08

101.21

96.60

101.62

   

September

 

49.78

87.22

65.48

102.28

97.20

102.69

   

October

 

49.69

86.43

65.36

101.36

97.03

101.77

   

November

 

49.34

86.48

64.90

101.42

96.34

101.83

   

December

 

49.78

86.52

65.48

101.46

97.20

101.87

   

January

(P)

50.44

87.80

66.35

102.97

98.49

103.38

   

February

(P)

50.79

88.16

66.81

103.39

99.18

103.81

   

March

(P)

50.54

87.57

66.48

102.70

98.69

103.11

2005-06

April

(P)

50.97

88.95

67.05

104.32

99.53

104.74

   

May

(P)

51.60

90.22

67.88

105.81

100.76

106.23

   

June

(P)

52.44

92.14

68.98

108.06

102.40

108.49

   

As on

             
   

June 24

(P)

52.69

92.53

69.31

108.51

102.89

108.95

   

July 1

(P)

53.00

93.55

69.71

109.71

103.49

110.15

   

July 8

(P)

53.37

94.06

70.21

110.30

104.22

110.75

   

July 15

(P)

53.19

93.73

69.96

109.92

103.86

110.36

Notes:1.Rise in indices indicate appreciation of rupee and vice versa.
2.For "Note on Methodology" on the indices presented here, please see Page S 653 of July 1998 issue of this Bulletin.
3.It may be recalled that in the aforesaid Note on Methodology, it was indicated that the base year 1996-97 would be a
moving one. Accordingly, with effect from April 2005, the base year 2002-03 has been shifted forward to 2003-04.
4.The indices on REER have been recalculated from April 1993 onwards using the new Wholesale Price Index (WPI)
series with base year 1993-94.
5.For a monthly time-series since April 1993, please see August 2002 issue of the Bulletin.

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