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Table 149 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee (36- Currency Bilateral Weights) (Financial Year - Annual Average)

Year

Export-based Weights

Trade-based Weights

REER

NEER

REER

NEER

1

2

3

4

5

(Base: 1993-94 = 100)

1993-94

100.00

100.00

100.00

100.00

1994-95

104.88

98.18

104.32

98.91

1995-96

100.10

90.94

98.19

91.54

1996-97

98.95

89.03

96.83

89.27

1997-98

103.07

91.97

100.77

92.04

1998-99

94.34

90.34

93.04

89.05

1999-00

95.28

90.42

95.99

91.02

2000-01

98.67

90.12

100.09

92.12

2001-02

98.59

89.08

100.86

91.58

2002-03

95.99

87.01

98.18

89.12

2003-04

99.07

87.89

99.56

87.14

2004-05

98.30

88.41

100.09

87.31

(Base: 2004-05 = 100)

2005-06

102.74

102.20

103.10

102.24

2006-07

101.05

98.00

101.29

97.63

2007-08

108.57

105.62

108.52

104.75

2008-09

97.77

94.00

97.80

93.34

2009-10

95.28

91.42

94.74

90.94

2010-11

103.27

94.75

102.04

93.56

Note : 1. Data for 2009-10 and 2010-11 are provisional.
2. REER indices are recalculated from 1993-94 onwards using the new  Wholesale Price Index (WPI) series (Base : 1993-94 = 100).
3. The Base year is changed from 1993-94 to 2004-05.
4. The 36-Country REER & NEER are revised as 36- Currency REER & NEER respectively and for "note on Methodology" on the indices, please see 2005 Issue of RBI Bulletin.
Also see Notes on Tables.

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