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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Oct 11, 2019
Item 2017-18 2018-19 2018 2019
September August September
1 2 3 4 5
36-Currency Export and Trade Based Weights (Base: 2004-05=100)          
1 Trade-Based Weights          
1.1 NEER 76.94 72.64 70.94 73.33 73.22
1.2 REER 119.71 114.01 111.31 115.74 115.57
2 Export-Based Weights          
2.1 NEER 78.89 74.18 72.32 74.68 74.52
2.2 REER 121.94 116.32 113.38 118.30 118.05
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 67.91 63.07 61.35 63.67 63.80
1.2 REER 129.19 121.70 118.69 124.91 125.20
2 Base: 2017-18 (April-March) =100          
2.1 NEER 100.00 92.88 90.34 93.76 93.95
2.2 REER 100.00 94.20 91.88 96.69 96.92
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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