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PDF - 50. Indices of REER and NEER of the Indian Rupee (36-country bilateral weights) ()
50. Indices of REER and NEER of the Indian Rupee (36-country bilateral weights)
Date : Feb 17, 2004

Year/Month

   

Export-Based Weights

   

Trade-Based Weights

 
     

REER

Percentage

NEER

Percentage

REER

Percentage

NEER

Percentage

       

Variation

 

Variation

 

Variation

 

Variation

1

2

3

4

5

6

7

8

9

1990-91

   

73.33

-5.2

66.19

-7.6

75.58

-3.6

67.20

-6.9

1991-92

   

61.36

-16.3

51.12

-22.8

64.20

-15.1

52.51

-21.9

1992-93

   

54.42

-11.3

42.30

-17.3

57.08

-11.1

43.46

-17.2

1993-94

   

59.09

8.6

43.48

2.8

61.59

7.9

44.69

2.8

1994-95

   

63.29

7.1

42.20

-2.9

66.04

7.2

43.37

-2.9

1995-96

   

60.94

-3.7

38.74

-8.2

63.62

-3.7

39.73

-8.4

1996-97

   

61.14

0.3

38.09

-1.7

63.81

0.3

38.97

-1.9

1997-98

   

63.76

4.3

38.93

2.2

67.02

5.0

40.01

2.7

1998-99

   

60.13

-5.7

35.32

-9.3

63.44

-5.3

36.34

-9.2

1999-00

   

59.70

-0.7

34.30

-2.9

63.29

-0.2

35.46

-2.4

2000-01

   

62.47

4.6

34.24

-0.2

66.53

5.1

35.52

0.2

2001-02

   

64.36

3.0

34.54

0.9

68.43

2.8

35.75

0.7

2002-03 (P)

 

67.91

5.5

35.41

2.5

72.75

6.3

37.05

3.6

 

2001-02

April

 

64.36

0.9

34.71

0.7

68.39

0.8

35.91

0.7

 

May

 

64.33

-0.1

34.74

0.1

68.37

35.94

0.1

 

June

 

64.95

1.0

35.02

0.8

69.06

1.0

36.24

0.9

 

July

 

65.01

0.1

34.92

-0.3

69.11

0.1

36.14

-0.3

 

August

 

63.89

-1.7

34.19

-2.1

67.91

-1.7

35.38

-2.1

 

September

 

62.77

-1.8

33.66

-1.6

66.74

-1.7

34.83

-1.6

 

October

 

63.21

0.7

33.65

67.19

0.7

34.81

-0.1

 

November

 

63.67

0.7

33.88

0.7

67.67

0.7

35.04

0.6

 

December

 

64.16

0.8

34.20

0.9

68.08

0.6

35.31

0.8

 

January

 

63.76

-0.6

34.24

0.1

67.58

-0.7

35.32

 

February

 

63.39

-0.6

34.17

-0.2

67.20

-0.6

35.25

-0.2

 

March

 

68.88

8.7

37.12

8.6

73.83

9.9

38.89

10.3

 

2002-03

April

 

69.05

0.3

36.81

-0.8

74.10

0.4

38.55

-0.9

 

May

 

67.84

-1.8

36.09

-2.0

72.77

-1.8

37.79

-2.0

 

June

 

67.47

-0.5

35.50

-1.6

72.39

-0.5

37.16

-1.7

 

July

 

66.67

-1.2

34.87

-1.8

71.56

-1.1

36.52

-1.7

 

August

 

67.95

1.9

35.30

1.2

72.96

1.9

36.98

1.3

 

September

 

68.28

0.5

35.36

0.2

73.21

0.4

37.04

0.2

 

October

 

68.65

0.5

35.61

0.7

73.55

0.5

37.27

0.6

 

November

(P)

68.56

-0.1

35.49

-0.3

73.43

-0.2

37.14

-0.3

 

December

(P)

67.78

-1.1

35.22

-0.8

72.54

-1.2

36.84

-0.8

 

January

(P)

66.82

-1.4

34.74

-1.4

71.46

-1.5

36.31

-1.4

 

February

(P)

67.48

1.0

34.91

0.5

72.04

0.8

36.42

0.3

 

March

(P)

68.39

1.3

35.02

0.3

73.00

1.3

36.53

0.3

 

2003-04

April

(P)

69.52

1.6

35.25

0.7

74.12

1.5

36.72

0.5

 

May

(P)

68.27

-1.8

34.52

-2.1

72.64

-2.0

35.88

-2.3

 

June

(P)

68.70

0.6

34.69

0.5

73.05

0.6

36.03

0.4

 

July

(P)

70.06

2.0

35.44

2.2

74.53

2.0

36.84

2.2

 

August

(P)

71.08

1.4

35.98

1.5

75.66

1.5

37.42

1.6

 

September

(P)

70.95

-0.2

35.65

-0.9

75.55

-0.1

37.09

-0.9

 

October

(P)

70.13

-1.2

35.21

-1.2

74.68

-1.2

36.64

-1.2

 

November

(P)

70.02

-0.2

34.92

-0.8

74.52

-0.2

36.31

-0.9

Notes :

1. The indices on REER have been recalculated from April 1994 onwards using the new wholesale

price index (WPI) series with base year 1993-94=100.

2. The REER & NEER indices have been estimated using the common price index and the

exchange rate for the Euro, thus representing 31 countries and the Euro area w.e.f. 01.03.2002

Also see ‘Notes on Tables’.



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