36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee - RBI - Reserve Bank of India
83236135
Published on June 11, 2019
36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Item | 2017-18 | 2018-19 | 2018 | 2019 | |
May | April | May | |||
1 | 2 | 3 | 4 | 5 | |
36-Currency Export and Trade Based Weights (Base: 2004-05=100) | |||||
1 Trade-Based Weights | |||||
1.1 NEER | 76.94 | 72.64 | 73.57 | 73.75 | 74.11 |
1.2 REER | 119.71 | 114.02 | 115.15 | 115.50 | 116.06 |
2 Export-Based Weights | |||||
2.1 NEER | 78.89 | 74.18 | 75.36 | 75.35 | 75.57 |
2.2 REER | 121.94 | 116.32 | 117.69 | 117.88 | 118.21 |
6-Currency Trade Based Weights | |||||
1 Base: 2004-05 (April-March) =100 | |||||
1.1 NEER | 67.91 | 63.07 | 63.84 | 64.07 | 64.23 |
1.2 REER | 129.19 | 121.70 | 123.06 | 123.57 | 124.17 |
2 Base: 2017-18 (April-March) =100 | |||||
2.1 NEER | 100.00 | 92.88 | 94.01 | 94.35 | 94.58 |
2.2 REER | 100.00 | 94.20 | 95.26 | 95.65 | 96.11 |
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
Was this page helpful?