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Appendix Table : VI.10: Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee

         

 

36 - country bilateral trade weights*

5 - country bilateral trade weights**


Year/Month

REER #

NEER

REER #

NEER


1

2

3

4

5


         

1993-94

61.59

44.69

100.00

100.00

1994-95

66.04

43.37

105.81

96.09

1995-96

63.62

39.73

102.29

87.69

1996-97

63.81

38.97

103.43

86.38

1997-98

67.02

40.01

105.84

86.43

1998-99

63.44

36.34

97.79

76.45

1999-2000

63.30

35.46

96.74

74.22

2000-2001 P

66.46

35.52

100.76

73.77

         

2000-01P

       

April

66.29

36.01

100.62

74.94

May

67.21

36.53

102.08

76.00

June

65.30

35.40

99.24

73.73

July

65.65

35.57

99.73

73.97

August

65.15

35.23

99.14

73.38

September

66.08

35.56

100.55

74.17

October

67.53

35.64

102.07

73.77

November

67.24

35.46

101.62

73.39

December

66.46

34.97

100.85

72.65

January

66.35

34.95

100.44

72.46

February

66.72

35.23

100.82

72.99

March

67.61

35.66

102.04

73.74

         

2001-02

       

April P

68.20

35.91

102.89

74.20

May P

68.18

35.94

102.78

74.26

June P

69.05

36.26

103.72

74.87


P Provisional.

* Base: 1985=100

**

Base: 1993-94=100

# The 36-country and 5-country REER indices have been recalculated from April 1994 and April 1993 onwards, respectively, using the new Wholesale Price Index (WPI) series (Base : 1993-94=100).

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