50: Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee

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Published on July 16, 2007

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Year	Trade Based Weights		Export Based Weights		Year		Trade Based Weights		Export Based Weights
	REER	NEER	REER	NEER			REER	NEER	REER	NEER
1	2	3	4	5	1		2	3	4	5
1993-94	100.00	100.00	100.00	100.00	2005-06 (P)	April	100.52	88.92	99.09	90.58
						May	102.15	90.10	100.57	91.66
1994-95	104.32	98.91	104.88	98.18		June	103.63	91.17	101.78	92.51
						July	104.96	92.02	102.91	93.19
1995-96	98.19	91.54	100.10	90.94		August	103.92	90.87	102.11	92.25
						September	103.98	90.45	102.06	91.79
1996-97	96.83	89.27	98.95	89.03
						October	102.52	89.41	100.53	90.55
1997-98	100.77	92.04	103.07	91.97		November	101.44	88.36	99.42	89.38
						December	100.49	87.97	98.58	89.08
1998-99	93.04	89.05	94.34	90.34		January	101.46	89.41	99.77	90.80
						February	101.73	89.88	100.00	91.21
1999-00	95.99	91.02	95.28	90.42
						March	101.25	89.52	99.52	90.87
2000-01	100.09	92.12	98.67	90.12	2006-07 (P)	April	98.12	87.89	97.17	89.17
						May	96.36	85.59	95.66	87.12
2001-02	100.86	91.58	98.59	89.08		June	96.49	85.27	95.56	86.60
						July	95.65	84.38	94.76	85.73
2002-03	98.18	89.12	95.99	87.01
						August	95.55	83.77	94.62	85.13
2003-04	99.56	87.14	99.07	87.89		September	97.92	84.80	96.74	86.05
						October	99.89	86.33	98.61	87.53
2004-05	100.09	87.31	98.30	88.41		November	100.31	86.66	99.30	88.12
						December	99.20	86.05	98.34	87.67
2005-06 (P)	102.34	89.84	100.53	91.16
						January	100.88	87.20	99.80	88.71
						February	100.75	87.29	99.67	88.76
2006-07 (P)	98.50	86.04	97.51	87.45
						March	100.94	87.27	99.90	88.85
2007-08 (P)	103.83	90.32	103.05	92.09	2007-08 (P)	April	103.83	90.32	103.05	92.09
* : For “Note on Methodology” and time series data on the indices presented here, please see December 2005 issue of this Bulletin.