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Document - 36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee () or PDF - 36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee ()
36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Jan 11, 2016
Item 2013-14 2014-15 2014 2015
December November December
1 2 3 4 5
36-Currency Export and Trade Based Weights (Base: 2004-05=100)          
1 Trade-Based Weights          
1.1 NEER 72.32 74.07 73.63 74.82 74.59
1.2 REER 103.27 108.96 108.76 113.21 112.86
2 Export-Based Weights          
2.1 NEER 73.56 75.22 74.62 76.45 76.18
2.2 REER 105.48 111.25 110.95 115.49 115.08
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 67.76 68.60 67.82 67.69 67.37
1.2 REER 112.79 119.92 119.72 125.26 124.67
2 Base: 2014-15 (April-March) =100          
2.1 NEER 98.78 100.00 98.87 98.68 98.22
2.2 REER 94.06 100.00 99.83 104.46 103.96
Note: Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2012-13 is a moving one, which gets updated every year. REER figures are based on Consumer Price Index (combined).
Methodological details are available in December 2005 and April 2014 issues of the Bulletin.

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