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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : May 09, 2017
Item 2015-16 2016-17 2016 2017
April March April
1 2 3 4 5
36-Currency Export and Trade Based Weights (Base: 2004-05=100)          
1 Trade-Based Weights          
1.1 NEER 74.76 74.66 73.38 77.18 78.82
1.2 REER 112.07 114.50 111.23 117.57 120.08
2 Export-Based Weights          
2.1 NEER 76.45 76.39 75.43 79.01 80.72
2.2 REER 114.44 116.46 113.78 119.39 121.98
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 67.52 67.17 66.12 69.81 70.98
1.2 REER 122.71 125.98 122.11 130.74 132.93
2 Base: 2015-16 (April-March) =100          
2.1 NEER 100.00 99.47 97.93 103.38 105.11
2.2 REER 100.00 102.67 99.51 106.54 108.33
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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