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Date : Oct 01, 2007

Table 155 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of Indian Rupee (36-Currency Bilateral Weights) (Financial 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
1993-94	100.00		100.00	100.00	100.00
1994-95	104.88		98.18	104.32	98.91
1995-96	100.10		90.94	98.19	91.54
1996-97	98.95		89.03	96.83	89.27
1997-98	103.07		91.97	100.77	92.04
1998-99	94.34		90.34	93.04	89.05
1999-00	95.28		90.42	95.99	91.02
2000-01	98.67		90.12	100.09	92.12
2001-02	98.59		89.08	100.86	91.58
2002-03	95.99		87.01	98.18	89.12
2003-04	99.07		87.89	99.56	87.14
2004-05	98.30		88.41	100.09	87.31
2005-06	100.54		91.17	102.35	89.85
2006-07 P	97.43		87.45	98.50	85.88
P : Provisional. Note : 1. REER indices are recalculated from 1993-94 onwards using the new Wholesale Price Index (WPI) series (Base : 1993-94 = 100). 2. The 36-Country REER & NEER are revised as 36- Currency REER & NEER respectively and for “note on Methodology” on the indices, please see December 2005 Issue of RBI Bulletin. Also see Notes on Tables.

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