Publications

()

Date : Jun 07, 2003

Table 190 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of The Indian Rupee


( 36 - country bilateral weights)
(Monthly Average)
								(Base : 1985=100)

	Export-based		Trade-based				Export-based		Trade-based
Year/	Weights		Weights		Year/		Weights		Weights

Month	REER	NEER	REER	NEER	Month		REER	NEER	REER	NEER

1	2	3	4	5	1		2	3	4	5

	OFFICIAL RATE						FEDAI RATE
1990					1996
Jan	75.84	71.36	77.6	72.29	Jan		58.1	37.05	60.58	37.93
Feb	75.66	70.91	77.44	71.83	Feb		56.7	36.19	59.12	37.06
Mar	77.02	71.71	78.7	72.52	Mar		60.17	38.52	62.75	39.44
Apr	77.29	71.4	79.01	72.17	Apr		61.47	39.02	64.09	39.94
May	76.67	70.45	78.48	71.27	May		60.59	38.28	63.25	39.21
Jun	76.79	70.18	78.9	71.04	Jun		60.91	38.33	63.57	39.24
Jul	76.22	69.07	78.41	69.97	Jul		60.66	37.64	63.29	38.52
Aug	74.7	67.98	76.83	68.83	Aug		60.35	37.28	62.97	38.15
Sep	71.87	65.59	74.06	66.53	Sep		60.62	37.45	63.27	38.32
Oct	70.15	63.71	72.46	64.78	Oct		60.86	37.76	63.52	38.63
Nov	70.22	63.38	72.67	64.54	Nov		60.27	37.38	62.9	38.23
Dec	71.99	64.14	74.48	65.31	Dec		60.78	37.61	63.45	38.48
1991					1997
Jan	71.93	63.91	74.43	65.12	Jan		61.37	38.15	64.05	39.03
Feb	70.05	61.62	72.56	62.79	Feb		62.74	38.96	65.5	39.85
Mar	72.04	62.86	74.69	64.08	Mar		63.02	39.18	65.84	40.09
Apr	71.5	62.29	74.31	63.63	Apr		64.25	39.43	67.17	40.34
May	69.49	60.61	72.23	61.89	May		63.5	39.03	66.47	39.99
Jun	68.33	60.42	70.99	61.73	Jun		63.6	38.9	66.68	39.92
Jul	58.17	49.8	60.56	50.91	Jul		64.45	39.43	67.66	40.51
Aug	60.14	49.04	62.54	50.1	Aug		65.4	40.02	68.68	41.13
Sep	59.3	48.24	61.73	49.32	Sep		64.92	39.53	68.22	40.63
Oct	59.28	48.45	61.7	49.51	Oct		65.25	39.66	68.64	40.79
Nov	58.27	47.77	60.55	48.74	Nov		63.51	38.74	66.81	39.85
Dec	56.12	45.93	59.32	47.64	Dec		61.86	37.68	65.22	38.82
1992					1998
Jan	57.1	46.32	60.39	48.07	Jan		63.27	38.39	66.87	39.6
Feb	58.08	46.66	61.83	48.66	Feb		62.91	38.41	66.38	39.55
Mar	60.59	47.96	64.24	49.89	Mar		62.15	37.9	65.51	38.97
Apr	60.68	48.18	64.46	50.09	Apr		62.83	37.72	66.19	38.79
May	60.59	47.83	64.43	49.77	May		62.39	37.25	65.68	38.25
Jun	59.72	46.87	63.67	48.87	Jun		61.08	36.13	64.29	37.07
Jul	59.97	46.09	63.82	48.04	Jul		61.2	35.96	64.49	36.92
Aug	59.9	45.92	63.8	47.86	Aug		60.99	35.94	64.32	36.92
Sep	60.48	46.12	64.46	48.15	Sep		59.67	35.09	62.92	36.06
Oct	62.1	47.18	66.3	49.32	Oct		58.61	34.12	61.89	35.14
Nov	63.8	48.82	68.29	51.17	Nov		59.21	34.28	62.51	35.32
Dec	63.42	48.44	67.96	50.83	Dec		58.5	33.93	61.8	34.96
1993					1999
Jan	63.82	49.05	68.47	51.52	Jan		57.91	33.97	61.23	35.02
Feb	64.69	49.54	69.51	52.13	Feb		59.18	34.5	62.56	35.56
					Mar		59.96	34.98	63.4	36.07
	FEDAI RATE				Apr		59.81	34.88	63.25	35.95
1992					May		60.06	34.96	63.45	36.01
Mar	53.3	42.16	56.53	43.87	Jun		60.04	34.81	63.51	35.89
Apr	50.86	40.34	54.05	41.95	Jul		60.12	34.8	63.64	35.92
May	51.76	40.82	55.06	42.48	Aug		59.23	34.07	62.73	35.18
Jun	51.19	40.14	54.6	41.86	Sep		59.06	33.84	62.59	34.99
Jul	52.5	41.02	55.74	42.43	Oct		59.01	33.51	62.58	34.66
Aug	53.3	41.8	56	42.51	Nov		59.69	33.91	63.4	35.12
Sep	54	42.05	56.72	42.8	Dec		59.19	33.91	62.91	35.16
Oct	55.6	43.07	58.37	43.9	2000
Nov	57.8	44.52	60.04	45.5	Jan		59.09	33.91	62.74	35.13
Dec	57.15	43.75	59.1	44.75	Feb		59.94	34.45	63.66	35.67
1993					Mar		61.18	34.56	65.07	35.83
Jan	57.16	44.12	59.25	45.18	Apr		62.23	34.69	66.29	36.01
Feb	54.76	42.16	56.89	43.24	May		63.07	35.18	67.21	36.53
Mar	56.98	43.85	59.15	44.94	Jun		61.34	34.15	65.3	35.4
Apr	55.81	42.86	57.95	43.93	Jul		61.68	34.31	65.65	35.57
May	55.92	42.78	58.14	43.89	Aug		61.15	33.95	65.15	35.23
Jun	56.6	42.88	58.99	44.09	Sep		61.98	34.24	66.08	35.56
Jul	57.87	43.52	60.34	44.77	Oct		63.26	34.27	67.53	35.64
Aug	58.42	43.32	61.02	44.63	Nov		63.09	34.11	67.3	35.46
Sep	58.79	42.94	61.33	44.18	Dec		62.52	33.73	66.57	34.97
Oct	60.25	43.3	62.84	44.54	2001
Nov	60.76	43.83	63.37	45.06	Jan		62.6	33.79	66.51	34.95
Dec	61.02	44.05	63.53	45.2	Feb		62.89	34.05	66.89	35.23
1994					Mar		63.81	34.46	67.86	35.66
Jan	61.49	44.45	64.05	45.67	Apr		64.36	34.71	68.39	35.91
Feb	61.31	44.08	63.98	45.36	May		64.33	34.74	68.37	35.94
Mar	60.89	43.74	63.55	44.99	Jun		64.95	35.02	69.06	36.24
Apr	63.34	43.67	66.17	44.97	Jul		65.01	34.92	69.11	36.14
May	63.22	43.33	65.96	44.57	Aug		63.89	34.19	67.91	35.38
Jun	63.6	42.99	66.31	44.2	Sep		62.77	33.66	66.74	34.83
Jul	63.04	42.26	65.72	43.45	Oct		63.21	33.65	67.19	34.81
Aug	63.28	42.33	65.95	43.48	Nov		63.67	33.88	67.67	35.04
Sep	62.85	42.05	65.53	43.19	Dec		64.16	34.2	68.08	35.31
Oct	62.62	41.65	65.3	42.78	2002
Nov	62.96	41.79	65.69	42.92	Jan	P	63.76	34.24	67.58	35.32
Dec	64.25	42.27	67.07	43.41	Feb	P	63.39	34.17	67.2	35.25
1995					Mar	P	68.88	37.12	73.83	38.89
Jan	64.37	42.01	67.19	43.15	Apr	P	69.05	36.81	74.1	38.55
Feb	64.14	41.78	66.96	42.91	May	P	67.84	36.09	72.77	37.79
Mar	64.84	40.31	64.6	41.44	Jun	P	67.47	35.5	72.39	37.16
Apr	62.17	39.84	65	40.98	Jul	P	66.67	34.87	71.56	36.52
May	62.98	40.17	65.88	41.3	Aug	P	67.95	35.3	72.96	36.98
Jun	62.99	40.07	65.91	41.2	Sep	P	68.29	35.36	73.21	37.04
Jul	63.78	40.21	66.63	41.28	Oct	P	68.75	35.61	73.64	37.28
Aug	64.53	40.86	67.35	41.91	Nov	P	68.66	35.5	73.53	37.15
Sep	62.05	39.36	64.72	40.33	Dec	P	67.85	35.23	72.6	36.84
Oct	59.41	37.59	61.92	38.49	2003
Nov	59.36	37.52	61.89	38.41	Jan	P	67.2	34.76	71.84	36.32
Dec	59.06	37.52	61.62	38.44

P : Provisional. Note : 1. The indices on REER have been recalculated from April 1994 onwards using the new wholesale price index (WPI) series (Base:1993-94=100). 2. The REER and 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