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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : May 14, 2020
Item 2018-19 2019-20 2019 2020
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 72.64 73.28 74.01 71.19 70.46
1.2 REER 114.01 116.76 115.16 114.66 113.48
2 Export-Based Weights          
2.1 NEER 74.18 74.33 75.26 72.08 71.27
2.2 REER 116.32 119.61 118.07 117.29 115.97
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 63.07 63.59 64.07 60.81 59.75
1.2 REER 121.70 125.76 123.67 121.79 118.98
2 Base: 2017-18 (April-March) =100          
2.1 NEER 92.88 93.63 94.35 89.55 87.99
2.2 REER 94.20 97.32 95.73 94.27 92.10
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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