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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Oct 11, 2018
Item 2016-17 2017-18 2017 2018
September August September
1 2 3 4 5
36-Currency Export and Trade Based Weights (Base: 2004-05=100)          
1 Trade-Based Weights          
1.1 NEER 74.65 76.94 76.46 73.37 71.16
1.2 REER 114.51 119.71 119.16 114.88 111.40
2 Export-Based Weights          
2.1 NEER 76.38 78.89 78.40 75.10 72.83
2.2 REER 116.44 121.94 121.46 116.88 113.35
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 66.86 68.13 67.61 64.04 61.54
1.2 REER 125.17 129.87 129.20 124.35 119.38
2 Base: 2016-17 (April-March) =100          
2.1 NEER 100.00 101.90 101.12 95.78 92.04
2.2 REER 100.00 103.75 103.22 99.34 95.38
Note: Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2016-17 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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