(36 – country bilateral weights)

(Base : 1985 = 100)

Year/Month

Export Based Weights

Trade Based Weights

REER

Percentage

NEER

Percentage

REER

Percentage

NEER

Percentage

Variation

Variation

Variation

Variation

1

2

3

4

5

6

7

8

9

1990-91

73.33

-5.2

66.19

-7.6

75.58

-3.6

67.20

-6.9

1991-92

61.36

-16.3

51.12

-22.8

64.20

-15.1

52.51

-21.9

1992-93

54.42

-11.3

42.30

-17.3

57.08

-11.1

43.46

-17.2

1993-94

59.09

8.6

43.48

2.8

61.59

7.9

44.69

2.8

1994-95

63.29

7.1

42.20

-2.9

66.04

7.2

43.37

-2.9

1995-96

60.94

-3.7

38.74

-8.2

63.62

-3.7

39.73

-8.4

1996-97

61.14

0.3

38.09

-1.7

63.81

0.3

38.97

-1.9

1997-98

63.76

4.3

39.93

2.2

67.02

5.0

40.01

2.7

1998-99

60.13

-5.7

35.32

-9.3

63.44

-5.3

36.34

-9.2

1999-00

59.70

-0.7

34.30

-2.9

63.30

-0.2

35.46

-2.4

2000-01

62.47

4.6

34.24

-0.2

66.53

5.1

35.52

0.2

2001-02 (P)

64.37

3.0

34.54

0.9

68.43

2.9

35.75

0.7

1999

Jan.

57.91

-1.0

33.97

0.1

61.23

-0.9

35.02

0.2

Feb.

59.18

2.2

34.50

1.6

62.56

2.2

35.56

1.6

Mar.

59.96

1.3

34.98

1.4

63.40

1.3

36.07

1.4

Apr.

59.81

-0.3

34.88

-0.3

63.25

-0.2

35.95

-0.3

May

60.06

0.4

34.96

0.2

63.45

0.3

36.01

0.2

Jun.

60.04

—

34.81

-0.4

63.51

0.1

35.89

-0.3

Jul.

60.12

0.1

34.80

—

63.64

0.2

35.92

0.1

Aug.

59.23

-1.5

34.07

-2.1

62.73

-1.4

35.18

-2.0

Sep.

59.06

-0.3

33.84

-0.7

62.59

-0.2

34.99

-0.5

Oct.

59.01

-0.1

33.51

-1.0

62.58

—

34.66

-0.9

Nov.

59.69

1.2

33.91

1.2

63.40

1.3

35.12

1.3

Dec.

59.19

-0.8

33.91

—

62.91

-0.8

35.16

0.1

2000

Jan.

59.09

-0.2

33.91

—

62.74

-0.3

35.13

-0.1

Feb.

59.94

1.4

34.45

1.6

63.66

1.5

35.67

1.5

Mar.

61.18

2.1

34.56

0.3

65.07

2.2

35.83

0.5

Apr.

62.23

1.7

34.69

0.4

66.29

1.9

36.01

0.5

May

63.07

1.3

35.18

1.4

67.21

1.4

36.53

1.4

Jun.

61.34

-2.7

34.15

-2.9

65.30

-2.8

35.40

-3.1

Jul.

61.68

0.5

34.31

0.5

65.65

0.5

35.57

0.5

Aug.

61.15

-0.9

33.95

-1.0

65.15

-0.8

35.23

-1.0

Sep.

61.98

1.3

34.24

0.8

66.08

1.4

35.56

0.9

Oct.

63.26

2.1

34.27

0.1

67.53

2.2

35.64

0.2

Nov.

63.09

-0.3

34.11

-0.5

67.30

-0.3

35.46

-0.5

Dec.

62.52

-0.9

33.73

-1.1

66.57

-1.1

34.97

-1.4

2001

Jan.

62.60

0.1

33.79

0.2

66.51

-0.1

34.95

-0.1

Feb.

62.89

0.5

34.05

0.8

66.89

0.6

35.23

0.8

Mar.

63.81

1.5

34.46

1.2

67.86

1.5

35.66

1.2

Apr.

64.36

0.9

34.71

0.7

68.39

0.8

35.91

0.7

May

64.33

-0.1

34.74

0.1

68.37

—

35.94

0.1

Jun.

64.95

1.0

35.02

0.8

69.06

1.0

36.24

0.9

Jul.

(P)

65.01

0.1

34.92

-0.3

69.11

0.1

36.14

-0.3

Aug.

(P)

63.89

-1.7

34.19

-2.1

67.91

-1.7

35.38

-2.1

Sep.

(P)

62.77

-1.8

33.66

-1.6

66.74

-1.7

34.83

-1.6

Oct.

(P)

63.21

0.7

33.65

—

67.19

0.7

34.81

-0.1

Nov.

(P)

63.68

0.7

33.88

0.7

67.68

0.7

35.04

0.7

Dec.

(P)

64.12

0.7

34.18

0.9

68.05

0.5

35.30

0.7

2002

Jan.

(P)

63.80

-0.5

34.25

0.2

67.62

-0.6

35.32

0.1

Feb.

(P)

63.39

-0.6

34.15

-0.3

67.20

-0.6

35.23

-0.3

Mar.

(P)

68.89

8.7

37.10

8.7

73.84

9.9

38.87

10.3

Apr.

(P)

68.23

-1.0

36.78

-0.9

73.10

-1.0

38.52

-0.9

May

(P)

67.13

-1.6

36.11

-1.8

71.90

-1.6

37.80

-1.9

Jun.

(P)

66.44

-1.0

35.49

-1.7

71.13

-1.1

37.14

-1.8

Notes : 1. The indices on REER have been recalculated from April 1994 onwards using the new wholesale price index (WPI) series with base year 1993-94=100. 2. The REER & NEER indices have been estimated using the common price index and the exchange rate for the Euro, thus representing 31 countries and the Euro area w.e.f. 01.03.2002. Also see ‘Notes on Tables’.