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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 10, 2019
Item 2016-17 2017-18 2017 2018
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 74.65 76.94 77.21 71.82 72.89
1.2 REER 114.52 119.71 122.05 112.84 114.53
2 Export-Based Weights          
2.1 NEER 76.38 78.89 79.15 73.16 74.34
2.2 REER 116.45 121.94 124.17 114.91 116.76
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 66.86 68.13 68.07 62.60 63.44
1.2 REER 125.17 129.87 131.95 121.85 123.67
2 Base: 2016-17 (April-March) =100          
2.1 NEER 100.00 101.90 101.81 93.63 94.89
2.2 REER 100.00 103.75 105.42 97.35 98.80
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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