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Document - Table 156 : Indices of real effective exchange rate (REER) and nominal effective exchange rate (NEER) of the Indian rupee (36-currency bilateral weights) (calendar year – annual average) (base : 1993-94 = 100) () or PDF - Table 156 : Indices of real effective exchange rate (REER) and nominal effective exchange rate (NEER) of the Indian rupee (36-currency bilateral weights) (calendar year – annual average) (base : 1993-94 = 100) ()
Date : Sep 18, 2006
Table 156 : Indices of real effective exchange rate (REER) and nominal effective exchange rate (NEER) of the Indian rupee (36-currency bilateral weights) (calendar year – annual average) (base : 1993-94 = 100)

(Base : 1993-94 = 100)

Year

 

 

Export-based
 weights

 

 

Trade-based
weights

 

 

 

REER

NEER

REER

NEER

1

 

 

2

3

4

5

 

 

 

 

 

 

 

1993

 

 

100.08

99.62

100.08

99.61

1994

 

 

103.60

99.30

103.31

99.86

1995

 

 

102.61

93.41

100.97

94.07

1996

 

 

97.55

88.16

95.41

88.42

1997

 

 

102.61

91.72

100.36

91.85

1998

 

 

96.36

90.23

94.52

89.11

1999

 

 

94.85

90.58

95.29

90.89

2000

 

 

98.07

90.57

99.30

92.19

2001

 

 

98.90

89.25

100.88

91.52

2002

 

 

96.40

87.57

98.90

90.08

2003

 

 

98.17

87.68

99.04

87.60

2004

 

 

98.28

87.87

99.68

86.83

2005 P

 

100.57

90.74

102.27

89.39

 

 

 

 

 

 

 

P: Provisional.
Note: 1. REER indices are recalculated from April 1993 onwards using the new Wholesale Price Index (WPI) series
(Base: 1993-94 = 100).
2. A new 36-currency REER/NEER series has been introduced with effect from December 2005. The details regarding the new series are available in the December 2005 issue of RBI Monthly Bulletin.
Also see Notes on Tables.