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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Nov 11, 2019
Item 2017-18 2018-19 2018 2019
October September October
1 2 3 4 5
36-Currency Export and Trade Based Weights (Base: 2004-05=100)          
1 Trade-Based Weights          
1.1 NEER 76.94 72.64 69.87 73.22 73.23
1.2 REER 119.71 114.01 109.78 116.20 116.22
2 Export-Based Weights          
2.1 NEER 78.89 74.18 71.12 74.52 74.50
2.2 REER 121.94 116.32 111.70 118.66 118.63
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 67.91 63.07 60.64 63.80 63.90
1.2 REER 129.19 121.70 117.29 125.21 124.93
2 Base: 2017-18 (April-March) =100          
2.1 NEER 100.00 92.88 89.30 93.95 94.10
2.2 REER 100.00 94.20 90.79 96.92 96.71
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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