Indices of Real Effective Exchange Rate (Reer) and Nominal Effective Exchange Rate (Neer) of The Indian Rupee

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Published on 27 August 2009

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Indices of Real Effective Exchange Rate (Reer) and Nominal Effective Exchange Rate (Neer) of The Indian Rupee

Year/Month	36 - Currency Trade based weights (Base : 1993-94=100)		6 - Currency Trade based weights (Base : 1993-94 = 100)
Year/Month	REER	NEER	REER	NEER
1	2	3	4	5
1993-94	100.00	100.00	100.00	100.00
1994-95	104.32	98.91	105.82	96.96
1995-96	98.19	91.54	101.27	88.56
1996-97	96.83	89.27	101.11	86.85
1997-98	100.77	92.04	104.41	87.94
1998-99	93.04	89.05	96.14	77.49
1999-00	95.99	91.02	97.69	77.16
2000-01	100.09	92.12	102.82	77.43
2001-02	100.86	91.58	102.71	76.04
2002-03	98.18	89.12	97.68	71.27
2003-04	99.56	87.14	99.17	69.97
2004-05	100.09	87.31	101.78	69.58
2005-06	102.35	89.85	107.30	72.28
2006-07	98.48	85.89	105.57	69.49
2007-08	104.81	93.91	114.09	74.17
2008-09 (P)	94.45	86.15	104.65	64.54
2007-08
April	102.60	91.80	111.63	72.74
May	106.01	94.69	115.73	75.19
June	105.92	94.97	115.22	75.37
July	105.99	94.84	115.10	75.15
August	105.34	94.38	114.10	74.44
September	105.90	94.65	115.03	74.64
October	106.09	95.29	115.79	75.45
November	104.63	94.27	113.90	74.34
December	104.94	94.68	114.52	74.65
January	104.85	94.29	114.23	74.31
February	103.51	93.11	113.06	73.41
March	101.94	90.01	110.87	70.38
2008-09 (P)
April	101.70	93.26	112.16	70.63
May	97.57	89.04	108.23	67.48
June	97.60	87.65	108.20	66.38
July	97.23	87.04	107.94	65.83
August	99.45	88.60	111.30	67.22
September	95.76	85.42	106.96	64.46
October	92.12	83.23	102.36	62.08
November	92.43	84.69	102.82	63.06
December	90.30	83.91	100.18	62.12
January	89.89	83.61	99.64	62.28
February	90.92	85.21	99.79	62.80
March	88.39	82.13	96.04	60.18
2009-10 (P)
April	89.46	82.67	98.08	61.30
May	91.73	83.41	100.65	62.07
June	91.67	83.73	101.00	62.14
P : Provisional. Note : For detailed methodology of compilation of indices, see “Revision of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) Indices”, Reserve Bank of India Bulletin, December 2005.