36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee - ربی - Reserve Bank of India
36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Item |
2012-13 |
2013-14 |
2013 |
2014 |
|
September |
August |
September |
|||
1 |
2 |
3 |
4 |
5 |
|
36-Currency Export and Trade Based Weights (Base: 2004-05=100) |
|
|
|
|
|
1 Trade-Based Weights |
|
|
|
|
|
1.1 NEER |
78.32 |
72.32 |
68.93 |
72.72 |
73.68 |
1.2 REER |
105.57 |
103.27 |
99.32 |
108.24 |
109.67 |
2 Export-Based Weights |
|
|
|
|
|
2.1 NEER |
80.05 |
73.56 |
69.95 |
73.84 |
74.76 |
2.2 REER |
108.71 |
105.48 |
101.25 |
110.58 |
111.96 |
6-Currency Trade Based Weights |
|
|
|
|
|
1 Base: 2004-05 (April-March) =100 |
|
|
|
|
|
1.1 NEER |
75.59 |
67.75 |
64.15 |
67.27 |
68.18 |
1.2 REER |
117.15 |
112.77 |
107.89 |
118.72 |
120.33 |
2 Base: 2013-14 (April-March) =100 |
|
|
|
|
|
2.1 NEER |
111.57 |
100.00 |
94.69 |
99.29 |
100.64 |
2.2 REER |
103.88 |
100.00 |
95.67 |
105.28 |
106.70 |
Note: Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2012-13 is a moving one, which gets updated every year. REER figures are based on Consumer Price Index (combined). Methodological details are available in December 2005 and April 2014 issues of the Bulletin. |