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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : May 11, 2015
Item 2013-14 2014-15 2014 2015
April March April
1 2 3 4 5
36-Currency Export and Trade Based Weights (Base: 2004-05=100)          
1 Trade-Based Weights          
1.1 NEER 72.32 74.08 72.78 76.77 75.79
1.2 REER 103.27 108.94 104.62 113.15 111.70
2 Export-Based Weights          
2.1 NEER 73.56 75.21 73.94 78.00 77.05
2.2 REER 105.49 111.26 106.81 115.74 114.32
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 67.75 68.63 67.31 71.33 70.93
1.2 REER 112.77 120.02 114.33 126.04 125.24
2 Base: 2013-14 (April-March) =100          
2.1 NEER 100.00 101.30 99.35 105.29 104.70
2.2 REER 100.00 106.42 101.38 111.77 111.06
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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