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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Apr 10, 2015
Item 2012-13 2013-14 2014 2015
March February March
1 2 3 4 5
36-Currency Export and Trade Based Weights (Base: 2004-05=100)          
1 Trade-Based Weights          
1.1 NEER 78.32 72.32 71.90 76.00 76.73
1.2 REER 105.57 103.27 103.82 112.01 113.23
2 Export-Based Weights          
2.1 NEER 80.05 73.56 72.98 77.27 77.93
2.2 REER 108.71 105.49 105.80 114.66 115.77
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 75.59 67.75 66.48 70.63 71.33
1.2 REER 117.15 112.77 112.55 124.41 125.22
2 Base: 2013-14 (April-March) =100          
2.1 NEER 111.57 100.00 98.13 104.25 105.29
2.2 REER 103.88 100.00 99.80 110.31 111.04
Note: Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2012-13 is a moving one, which gets updated every year. REER figures are based on Consumer Price Index (combined). Methodological details are available in December 2005 and April 2014 issues of the Bulletin.

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