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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 : Mar 11, 2020
Item 2017-18 2018-19 2019 2020
February January February
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 71.64 72.26 72.73
1.2 REER 119.71 114.01 112.07 118.69 119.47
2 Export-Based Weights          
2.1 NEER 78.89 74.18 73.19 73.72 74.09
2.2 REER 121.94 116.32 114.43 121.42 122.04
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 67.91 63.07 62.29 62.98 63.37
1.2 REER 129.19 121.70 119.72 126.72 127.18
2 Base: 2017-18 (April-March) =100          
2.1 NEER 100.00 92.88 91.73 92.74 93.32
2.2 REER 100.00 94.20 92.67 98.09 98.45
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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