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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Nov 08, 2017
Item 2015-16 2016-17 2016 2017
October September October
1 2 3 4 5
36-Currency Export and Trade Based Weights (Base: 2004-05=100)          
1 Trade-Based Weights          
1.1 NEER 74.75 74.65 74.84 76.45 76.43
1.2 REER 112.08 114.51 115.51 119.61 119.57
2 Export-Based Weights          
2.1 NEER 76.45 76.38 76.44 78.39 78.30
2.2 REER 114.44 116.44 117.33 122.09 121.94
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 67.52 66.86 67.02 67.61 67.45
1.2 REER 122.71 125.17 126.29 129.15 128.86
2 Base: 2016-17 (April-March) =100          
2.1 NEER 101.00 100.00 100.24 101.12 100.89
2.2 REER 98.04 100.00 100.89 103.18 102.95
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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