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Date : Sep 15, 2009

Table 211 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of Indian Rupee (36-currency Bilateral Weights) (Monthly Average)

(Base : 1993-94 = 100)
Year/ Month	Export-based Weights		Trade-based Weights
Year/ Month	REER	NEER	REER	NEER
1	2	3	4	5
2005
Apr	99.14	90.63	100.57	88.97
May	100.50	91.60	102.07	90.03
Jun	101.83	92.56	103.70	91.24
Jul	102.96	93.23	105.02	92.07
Aug	102.19	92.32	104.01	90.95
Sep	101.99	91.73	103.91	90.38
Oct	100.55	90.57	102.54	89.42
Nov	99.36	89.33	101.37	88.30
Dec	98.69	89.18	100.59	88.06
2006
Jan	99.78	90.80	101.47	89.41
Feb	100.01	91.22	101.74	89.88
Mar	99.53	90.88	101.25	89.52
Apr	97.11	89.18	98.16	87.73
May	95.67	87.12	96.43	85.43
Jun	95.61	86.61	96.60	85.11
Jul	94.80	85.74	95.75	84.22
Aug	94.66	85.13	95.64	83.61
Sep	96.78	86.05	98.00	84.65
Oct	98.64	87.53	99.96	86.18
Nov	99.31	88.12	100.35	86.50
Dec	98.25	87.68	99.14	85.89
2007
Jan	99.53	88.72	100.69	87.05
Feb	99.39	88.87	100.55	87.21
Mar	99.35	88.85	100.53	87.11
Apr	101.88	92.89	102.60	91.80
May	105.24	95.83	106.01	94.69
Jun	105.03	96.07	105.92	94.97
Jul	105.19	96.08	105.99	94.84
Aug	104.47	95.52	105.34	94.38
Sep	105.12	95.91	105.90	94.65
Oct	105.35	96.73	106.09	95.29
Nov	104.01	95.83	104.63	94.27
Dec	104.19	96.11	104.94	94.68
2008
Jan	104.26	95.91	104.85	94.29
Feb	103.04	94.82	103.51	93.11
Mar	101.72	91.92	101.94	90.01
Apr	101.81	93.54	101.70	93.26
May	97.50	89.20	97.57	89.04
Jun	97.63	87.85	97.60	87.65
Jul	97.47	87.35	97.23	87.04
Aug	99.47	88.68	99.45	88.60
Sep	98.55	85.34	95.76	85.42
Oct	91.61	82.91	92.12	83.23
Nov	91.59	84.21	92.43	84.69
Dec	89.57	83.47	90.30	83.91
2009
Jan	88.98	82.96	89.89	83.61
Feb	89.85	84.57	90.92	85.21
Mar	87.08	81.50	82.39	82.13
Apr	88.29	82.27	89.46	82.67
May	90.38	83.22	91.73	83.41
Jun	90.63	83.57	91.67	83.73
Note : 1) Apr 2008 - May 2009 data are provisional. 2) The indices of REER are recalculated from April 1993 onwards using the new Wholesale Price Index (WPI) series (Base:1993-94 = 100). 3) The 36-Country REER & NEER are revised as 36-Currency REER & NEER and for “note on Methodology” on the indices, please see December 2005 issue of RBI Bulletin. 4) For old 36-country REER & NEER series, please see Handbook of Statistics on Indian Economy, 2004-05. Also see Notes on Tables.