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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Feb 10, 2018
Item 2015-16 2016-17 2017 2018
January December January
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 75.22 77.22 76.88
1.2 REER 112.08 114.51 114.69 122.57 122.03
2 Export-Based Weights          
2.1 NEER 76.45 76.38 76.98 79.16 79.01
2.2 REER 114.44 116.44 116.43 124.69 124.45
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 67.52 66.86 67.39 68.07 67.57
1.2 REER 122.71 125.17 125.13 131.96 129.87
2 Base: 2016-17 (April-March) =100          
2.1 NEER 101.00 100.00 100.79 101.81 101.07
2.2 REER 98.04 100.00 99.97 105.43 103.75
Note: Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2016-17 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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