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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Sep 10, 2016
Item 2014-15 2015-16 2015 2016
August July August
1 2 3 4 5
36-Currency Export and Trade Based Weights (Base: 2004-05=100)          
1 Trade-Based Weights          
1.1 NEER 74.07 74.75 75.05 73.95 74.03
1.2 REER 108.96 112.07 112.45 113.53 113.67
2 Export-Based Weights          
2.1 NEER 75.22 76.45 76.67 75.13 75.18
2.2 REER 111.25 114.44 114.81 115.35 115.43
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 68.60 67.86 67.99 66.79 66.63
1.2 REER 119.92 123.57 123.70 126.08 125.79
2 Base: 2014-15 (April-March) =100          
2.1 NEER 100.00 98.93 99.11 97.36 97.14
2.2 REER 100.00 103.05 103.15 105.14 104.89
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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