36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee - RBI - Reserve Bank of India
83349546
Published on January 10, 2019
36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
| Item | 2016-17 | 2017-18 | 2017 | 2018 | |
| December | November | December | |||
| 1 | 2 | 3 | 4 | 5 | |
| 36-Currency Export and Trade Based Weights (Base: 2004-05=100) | |||||
| 1 Trade-Based Weights | |||||
| 1.1 NEER | 74.65 | 76.94 | 77.21 | 71.82 | 72.89 |
| 1.2 REER | 114.52 | 119.71 | 122.05 | 112.84 | 114.53 |
| 2 Export-Based Weights | |||||
| 2.1 NEER | 76.38 | 78.89 | 79.15 | 73.16 | 74.34 |
| 2.2 REER | 116.45 | 121.94 | 124.17 | 114.91 | 116.76 |
| 6-Currency Trade Based Weights | |||||
| 1 Base: 2004-05 (April-March) =100 | |||||
| 1.1 NEER | 66.86 | 68.13 | 68.07 | 62.60 | 63.44 |
| 1.2 REER | 125.17 | 129.87 | 131.95 | 121.85 | 123.67 |
| 2 Base: 2016-17 (April-March) =100 | |||||
| 2.1 NEER | 100.00 | 101.90 | 101.81 | 93.63 | 94.89 |
| 2.2 REER | 100.00 | 103.75 | 105.42 | 97.35 | 98.80 |
| Note : Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2016-17 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. |
|||||
PLAYING
LISTEN
Share this page:
Install the RBI mobile application and get quick access to the latest news!
Was this page helpful?
