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Document - 49. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee () or PDF - 49. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee ()
49. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Nov 11, 2011

(6-Currency Trade Based Weights)

Year/Month/Day

Base: 2004-05
(April-March) =100

Base: 2009-10
(April-March) =100

NEER

REER

NEER

REER

1

2

3

4

2004-05

     

100.00

100.00

114.88

98.10

2005-06

     

103.04

105.17

118.34

103.13

2006-07

     

98.09

104.30

112.66

102.28

2007-08

     

104.62

112.76

120.16

110.58

2008-09

     

90.42

102.32

103.85

100.34

2009-10

     

87.07

101.97

100.00

100.00

2010-11

     

92.02

115.28

105.69

113.05

2008-09

April

   

99.35

110.58

114.10

108.44

 

May

   

94.86

105.92

108.94

103.87

 

June

   

93.26

105.77

107.11

103.72

 

July

   

92.49

105.29

106.22

103.25

 

August

   

94.33

108.24

108.33

106.14

 

September

   

90.35

103.67

103.76

101.66

 

October

   

86.86

99.98

99.76

98.04

 

November

   

88.08

100.80

101.16

98.85

 

December

   

86.83

98.30

99.72

96.39

 

January

   

87.00

97.86

99.92

95.96

 

February

   

87.66

97.58

100.68

95.69

 

March

   

84.00

93.90

96.47

92.08

2009-10

April

   

85.28

96.12

97.94

94.26

 

May

   

86.48

98.51

99.32

96.60

 

June

   

86.71

98.71

99.59

96.80

 

July

   

85.22

97.84

97.87

95.95

 

August

   

85.04

98.90

97.66

96.99

 

September

   

84.18

98.48

96.68

96.58

 

October

   

86.67

101.53

99.54

99.57

 

November

   

86.56

102.86

99.41

100.87

 

December

   

87.21

103.99

100.16

101.98

 

January

   

89.30

107.33

102.56

105.25

 

February

   

90.03

107.98

103.40

105.88

 

March

   

92.19

111.43

105.88

109.28

2010-11

April

   

94.70

116.00

108.76

113.75

 

May

   

94.23

116.20

108.22

113.95

 

June

   

93.50

115.21

107.38

112.98

 

July

   

90.96

112.63

104.46

110.45

 

August

   

90.92

112.72

104.42

110.53

 

September

   

91.38

113.96

104.95

111.75

 

October

   

92.32

115.19

106.03

112.96

 

November

   

91.52

115.08

105.11

112.86

 

December

   

92.47

117.94

106.20

115.66

 

January

   

91.45

117.46

105.02

115.19

 

February

   

90.37

115.70

103.79

113.46

 

March

   

90.44

116.44

103.86

114.19

2011-12

April

 

(P)

90.60

118.78

104.06

116.48

 

May

 

(P)

89.48

117.74

102.77

115.46

 

June

 

(P)

89.48

117.48

102.76

115.21

 

July

 

(P)

90.49

119.14

103.92

116.83

 

August

 

(P)

88.25

116.90

101.35

114.64

 

September

 

(P)

85.21

113.67

97.86

111.46

  As on            
 

September

23

(P)

82.27

109.75

94.49

107.63

 

October

7

(P)

83.31

110.50

95.68

108.36

 

October

14

(P)

82.68

109.67

94.96

107.55

 

October

21

(P)

80.96

107.39

92.98

105.31

 

October

28

(P)

81.99

108.75

94.16

106.65

P: Provisional.
Notes: 1. Rise in indices indicate appreciation of rupee and vice versa.
2. For “Note on Methodology” on the indices presented here, please see December 2005 issue of this Bulletin.
3. Base year 2009-10 is a moving one, which gets updated every year.


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