51. Indices of REER and NEER of the Indian Rupee (6-currency trade based weights)

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51. Indices of REER and NEER of the Indian Rupee (6-currency trade based weights)

Year/Month/Day					Base: 1993-94 (April-March) =100		Base: 2005-2006 (April-March) =100
					NEER	REER	NEER	REER
1993-94					100.00	100.00	138.40	93.24
1994-95					96.96	105.82	134.13	98.62
1995-96					88.56	101.27	122.52	94.38
1996-97					86.85	101.11	120.15	94.24
1997-98					87.94	104.41	121.66	97.31
1998-99					77.49	96.14	107.20	89.61
1999-00					77.16	97.69	106.75	91.04
2000-01					77.43	102.82	107.11	95.83
2001-02					76.04	102.71	105.20	95.72
2002-03					71.27	97.68	98.60	91.04
2003-04					69.97	99.17	96.79	92.43
2004-05					69.58	101.78	96.26	94.86
2005-06					72.28	107.30	100.00	100.00
2006-07 (P)					68.93	105.47	95.36	98.30
2005–06	April				71.16	104.38	98.44	97.28
	May				72.11	106.28	99.76	99.05
	June				73.29	108.20	101.40	100.84
	July				73.94	109.43	102.29	101.99
	August				72.95	108.33	100.93	100.96
	September				72.45	108.19	100.22	100.83
	October				71.75	107.20	99.26	99.91
	November				71.09	106.85	98.34	99.58
	December				71.03	106.36	98.27	99.13
	January				72.31	107.05	100.04	99.77
	February				72.88	107.91	100.82	100.57
	March				72.45	107.41	100.24	100.10
2006–07	April				71.04	105.75	98.28	98.56
	May				68.79	103.48	95.16	96.44
	June				68.21	103.06	94.36	96.05
	July				67.59	102.25	93.50	95.30
	August				67.08	102.14	92.81	95.19
	September				67.84	104.75	93.85	97.62
	October				69.11	107.25	95.61	99.96
	November				69.34	107.82	95.93	100.49
	December				68.82	106.39	95.21	99.15
	January		(P)		69.77	107.70	96.52	100.38
	February		(P)		69.88	107.71	96.68	100.39
	March		(P)		69.70	107.41	96.42	100.10
2007–08	April		(P)		72.18	111.59	99.86	104.01
	May		(P)		74.64	115.67	103.26	107.80
	June		(P)		74.83	115.12	103.52	107.29
	July		(P)		74.62	114.96	103.23	107.14
	As on
	July	20,	2007	(P)	74.57	114.93	103.16	107.12
	July	27,	2007	(P)	74.27	114.48	102.75	106.69
	August	3,	2007	(P)	74.64	115.20	103.25	107.37
	August	10,	2007	(P)	74.14	114.43	102.56	106.65
	August	17,	2007	(P)	72.97	112.62	100.95	104.97
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 2005-06 is a moving one, which gets updated every year.