RBI Bulletin

(5-country trade based weights)

Year / Month / Day

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

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

Base: 2002-03 (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

254.47

144.54

1991-92

100.00

100.00

131.54

116.48

191.23

119.86

1992-93

89.57

96.42

117.81

112.31

171.27

114.40

1993-94

76.02

85.85

100.00

100.00

145.38

102.20

1993-94

76.02

85.85

100.00

100.00

145.38

102.20

1994-95

73.06

90.23

96.09

105.81

139.70

108.15

1995-96

66.67

87.23

87.69

102.29

127.50

104.55

1996-97

65.67

88.20

86.38

103.43

125.70

105.71

1997-98

65.71

90.25

86.43

105.84

125.72

108.17

1998-99

58.12

83.38

76.45

97.79

111.14

99.94

1999-00

56.42

82.49

74.22

96.74

107.89

98.87

2000-01

56.08

85.92

73.77

100.76

107.24

102.99

2001-02

55.64

87.05

73.18

102.09

106.39

104.33

2002-03

52.29

83.46

68.78

97.88

100.00

100.00

2003-04 (P)

51.21

84.93

67.36

99.60

97.93

101.79

2002-03

June

52.70

83.38

69.32

97.78

100.78

99.94

July

51.51

82.02

67.76

96.18

98.51

98.30

August

52.08

83.46

68.50

97.87

99.59

100.03

September

52.25

83.72

68.73

98.18

99.92

100.35

October

52.56

84.24

69.14

98.79

100.51

100.97

November

52.15

83.76

68.59

98.23

99.72

100.39

December

52.00

83.10

68.40

97.46

99.44

99.61

January

51.24

82.11

67.40

96.30

97.98

98.42

February

51.33

82.61

67.51

96.88

98.15

99.02

March

51.48

83.61

67.72

98.06

98.45

100.22

2003-04

April

51.83

84.88

68.18

99.55

99.12

101.74

May

50.85

83.49

66.88

97.91

97.23

100.07

June

51.03

83.82

67.12

98.30

97.58

100.47

July

52.13

85.50

68.56

100.27

99.68

102.48

August

52.92

86.78

69.61

101.77

101.19

104.02

September

52.52

86.85

69.08

101.86

100.43

104.10

October

51.65

85.68

67.94

100.48

98.76

102.70

November

51.42

85.89

67.63

100.72

98.32

102.94

December

50.28

83.83

66.14

98.31

96.15

100.48

January

49.64

83.56

65.30

97.99

94.93

100.15

February

49.61

83.71

65.25

98.16

94.86

100.33

March

50.66

85.14

66.64

99.85

96.88

102.05

2004-05

April

52.16

87.93

68.61

103.12

99.75

105.39

May

51.14

86.45

67.27

101.38

97.80

103.62

June

50.28

86.29

66.14

101.19

96.15

103.42

July

49.49

85.61

65.10

100.40

94.65

102.61

August

49.47

86.30

65.08

101.21

94.61

103.44

September

(P)

49.78

87.22

65.48

102.28

95.19

104.54

October

(P)

49.69

86.43

65.36

101.36

95.02

103.60

November

(P)

49.34

86.48

64.90

101.42

94.35

103.66

December

(P)

49.78

86.53

65.48

101.47

95.19

103.71

January

(P)

50.44

87.72

66.35

102.88

96.46

105.14

February

(P)

50.79

88.42

66.81

103.70

97.13

105.98

As on

February

18

(P)

50.56

87.93

66.50

103.12

96.68

105.40

February

25

(P)

50.52

87.87

66.45

103.04

96.61

105.32

March

4

(P)

50.62

88.12

66.58

103.34

96.79

105.62

March

11

(P)

50.26

87.49

66.11

102.60

96.10

104.87

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
oving one. Accordingly, with effect from April 2004,the base year 2001-02 has been shifted forward to 2002-03.
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.