RBI Bulletin

( 36 - country bilateral weights)

(Base : 1985 = 100)

Export Based Weights

Trade Based Weights

Year-Month

REER

% Variation

NEER

% Variation

REER

% Variation

NEER

% Variation

1

2

3

4

5

6

7

8

9

1990

74.54

- 4.0

68.32

- 5.2

76.59

- 2.3

69.26

- 4.5

1991

64.55

- 13.4

55.08

- 19.4

67.13

- 12.4

56.29

- 18.7

1995

60.78

- 1.7

39.78

- 7.2

63.44

- 1.7

40.83

- 7.4

1996

59.45

- 2.2

37.72

- 5.2

62.05

- 2.2

38.60

- 5.5

1997

63.38

6.6

39.05

3.5

66.45

7.1

40.07

3.8

1998 (P)

61.64

- 2.7

36.25

- 7.2

64.92

- 2.3

37.29

- 6.9

1993

January

57.16

0.1

44.12

- 0.8

59.25

0.3

45.18

0.9

February

54.76

- 4.2

42.16

- 4.4

56.89

- 4.0

43.24

- 4.3

March

56.98

4.1

43.85

4.0

59.15

4.0

44.94

3.9

April

55.81

- 2.1

42.86

- 2.3

57.95

- 2.0

43.93

- 2.2

May

55.92

0.2

42.78

- 0.2

58.14

0.3

43.89

- 0.1

June

56.60

1.2

42.88

0.2

58.99

1.5

44.09

0.5

July

57.87

2.2

43.52

1.5

60.34

2.3

44.77

1.5

August

58.42

1.0

43.32

- 0.5

61.02

1.1

44.63

- 0.3

September

58.79

0.6

42.94

- 0.9

61.33

0.5

44.18

- 1.0

October

60.25

2.5

43.30

0.8

62.84

2.5

44.54

0.8

November

60.76

0.8

43.83

1.2

63.37

0.8

45.06

1.2

December

61.02

0.4

44.05

0.5

63.53

0.3

45.20

0.3

1996

January

56.89

- 1.5

37.08

- 1.2

59.32

- 1.6

37.96

- 1.2

February

55.56

- 2.3

36.17

- 2.5

57.95

- 2.3

37.03

- 2.4

March

59.34

6.8

38.58

6.7

61.92

6.9

39.50

6.7

April

60.47

1.9

39.02

1.1

63.08

1.9

39.94

1.1

May

59.53

- 1.6

38.26

- 1.9

62.17

- 1.4

39.18

- 1.9

June

59.86

0.6

38.34

0.2

62.52

0.6

39.25

0.2

July

59.86

0.0

37.66

- 1.8

62.48

- 0.1

38.54

- 1.8

August

59.64

- 0.4

37.27

- 1.0

62.26

- 0.4

38.14

- 1.0

September

60.26

1.0

37.46

0.5

62.91

1.0

38.33

0.5

October

60.74

0.8

37.76

0.8

63.42

0.8

38.63

0.8

November

60.37

- 0.6

37.40

- 1.0

63.02

- 0.6

38.24

- 1.0

December

60.82

0.7

37.61

0.6

63.52

0.8

38.48

0.6

1997

January

61.45

1.0

38.15

1.4

64.16

1.0

39.03

1.4

February

62.90

2.4

38.96

2.1

65.69

2.4

39.85

2.1

March

63.03

0.2

39.18

0.6

65.87

0.3

40.09

0.6

April

63.46

0.7

39.40

0.6

66.38

0.8

40.31

0.5

May

62.85

- 1.0

39.03

- 0.9

65.83

- 0.8

39.98

- 0.8

June

62.94

0.1

38.90

- 0.3

66.01

0.3

39.92

- 0.2

July

63.86

1.5

39.43

1.4

67.03

1.5

40.50

1.5

August

64.91

1.6

40.03

1.5

68.16

1.7

41.13

1.6

September

64.46

- 0.7

39.51

- 1.3

67.72

- 0.6

40.62

- 1.2

October

64.93

0.7

39.66

0.4

68.27

0.8

40.79

0.4

November

63.47

- 2.2

38.65

- 2.5

66.74

- 2.2

39.76

- 2.5

December

62.25

- 1.9

37.69

- 2.5

65.59

- 1.7

38.82

- 2.4

1998

January

64.06

2.9

38.37

1.8

67.52

2.9

39.57

1.9

February

63.68

- 0.6

38.42

0.1

67.14

- 0.6

39.57

0.0

March

62.70

- 1.5

37.90

- 1.4

66.04

- 1.6

38.97

- 1.5

April

62.90

0.3

37.72

- 0.5

66.22

0.3

38.78

- 0.5

May

(P)

62.35

- 0.9

37.16

- 1.5

65.58

- 1.0

38.16

- 1.6

June

(P)

61.14

- 1.9

36.13

- 2.8

64.28

- 2.0

37.07

- 2.9

July

(P)

61.52

0.6

35.96

- 0.5

64.74

0.7

36.92

- 0.4

August

(P)

61.73

0.3

35.94

- 0.1

65.01

0.4

36.92

0.0

September

(P)

60.91

- 1.3

35.09

- 2.4

64.13

- 1.4

36.06

- 2.3

October

(P)

59.67

- 2.0

34.11

- 2.8

62.92

- 1.9

35.13

- 2.6

November

(P)

60.00

0.6

34.28

0.5

63.27

0.6

35.32

0.5

December

(P)

58.98

- 1.7

33.93

- 1.0

62.23

- 1.6

34.96

- 1.0

1999

January

(P)

58.85

- 0.2

33.97

0.1

62.12

- 0.2

35.02

0.2

February

(P)

59.90

1.8

34.50

1.6

63.22

1.8

35.56

1.5

March

(P)

60.40

0.8

34.98

1.4

63.77

0.9

36.07

1.4

April

(P)

60.22

- 0.3

34.88

- 0.3

63.59

- 0.3

35.95

- 0.3

See ' Notes on Tables'.