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PDF - 51. Indices of REER and NEER of the Indian Rupee (5-country trade based weights) ()
51. Indices of REER and NEER of the Indian Rupee (5-country trade based weights)
Date : Feb 17, 2004

Year / Month / Day

   

Base: 1991-92 (April-March) = 100

Base: 1993-94 (April-March) = 100

Base: 2001-02 (April-March) = 100

       

NEER

REER

NEER

REER

NEER

REER

1

     

2

3

4

5

6

7

1990-91

     

133.07

121.64

175.04

141.69

239.18

138.54

1991-92

     

100.00

100.00

131.54

116.48

179.74

114.89

1992-93

     

89.57

96.42

117.81

112.31

160.98

109.65

1993-94

     

76.02

85.85

100.00

100.00

136.64

97.96

1993-94

     

76.02

85.85

100.00

100.00

136.64

97.96

1994-95

     

73.06

90.23

96.09

105.81

131.31

103.66

1995-96

     

66.67

87.23

87.69

102.29

119.84

100.21

1996-97

     

65.67

88.20

86.38

103.43

118.15

101.33

1997-98

     

65.71

90.25

86.43

105.84

118.17

103.68

1998-99

     

58.12

83.38

76.45

97.79

104.47

95.80

1999-00

     

56.42

82.49

74.22

96.74

101.41

94.77

2000-01

     

56.08

85.92

73.77

100.76

100.80

98.72

2001-02

     

55.64

87.05

73.18

102.09

100.00

100.00

2002-03 (P)

   

52.29

83.46

68.78

97.88

93.99

95.89

2001-02

May

   

56.45

87.64

74.26

102.78

101.47

100.69

 

June

   

56.92

88.55

74.87

103.85

102.32

101.75

 

July

   

56.77

88.82

74.68

104.17

102.05

102.06

 

August

   

55.74

87.35

73.32

102.44

100.19

100.36

 

September

   

54.53

85.29

71.73

100.02

98.01

97.98

 

October

   

54.44

85.78

71.61

100.60

97.86

98.56

 

November

   

54.95

86.69

72.27

101.67

98.76

99.60

 

December

   

55.37

87.20

72.84

102.26

99.53

100.19

 

January

   

55.47

86.76

72.96

101.75

99.71

99.69

 

February

   

55.46

86.48

72.95

101.42

99.69

99.35

 

March

   

55.10

86.16

72.48

101.04

99.04

98.99

2002-03

April

   

54.65

85.34

71.88

100.09

98.22

98.05

 

May

   

53.57

83.80

70.46

98.27

96.29

96.27

 

June

   

52.70

83.38

69.32

97.78

94.72

95.79

 

July

   

51.51

82.01

67.76

96.18

92.60

94.23

 

August

   

52.08

83.45

68.50

97.87

93.60

95.87

 

September

   

52.25

83.72

68.73

98.18

93.92

96.19

 

October

   

52.56

84.23

69.14

98.78

94.48

96.78

 

November

   

52.15

83.76

68.59

98.23

93.72

96.22

 

December

   

52.00

83.10

68.40

97.46

93.46

95.47

 

January

   

51.24

82.11

67.40

96.30

92.09

94.33

 

February

   

51.33

82.61

67.51

96.88

92.25

94.91

 

March

   

51.48

83.61

67.72

98.06

92.53

96.06

2003-04

April

   

51.83

84.88

68.18

99.55

93.16

97.52

 

May

   

50.85

83.49

66.88

97.91

91.39

95.92

 

June

   

51.03

83.82

67.12

98.30

91.72

96.30

 

July

 

(P)

52.13

85.50

68.56

100.27

93.69

98.23

 

August

 

(P)

52.92

86.78

69.61

101.77

95.11

99.70

 

September

 

(P)

52.52

86.85

69.08

101.86

94.40

99.78

 

October

 

(P)

51.65

85.74

67.94

100.55

92.83

98.50

 

November

 

(P)

51.42

85.55

67.63

100.33

92.42

98.28

 

December

 

(P)

50.28

83.72

66.14

98.19

90.37

96.19

 

As on

               
 

December

26

(P)

49.92

82.59

65.66

96.85

89.73

94.88

 

January

2

(P)

49.84

83.09

65.56

97.44

89.58

95.46

 

January

9

(P)

49.34

82.26

64.91

96.48

88.69

94.51

 

January

16

(P)

49.60

82.70

65.25

96.98

89.16

95.01

Notes : 1. Rise in indices indicate appreciation of rupee and vice versa.

2. For "Note on Methodology" on the indices presented here, please see Page S 653 of July 1998 issue of this Bulletin.

3. It may be recalled that in the aforesaid Note on Methodology, it was indicated that the base year 1996-97 would be a moving one. Accordingly, with effect from April 2003, the base year 2000-01 has been shifted forward to 2001-02.

4. The indices on REER have been recalculated from April 1993 onwards using the new Wholesale Price Index (WPI) series with base year 1993-94.

5. For a monthly time-series since April 1993, please see August 2002 issue of the Bulletin.



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