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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, 2020
Item 2018-19 2019-20 2019 2020
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 72.64 73.28 73.35 70.81 70.69
1.2 REER 114.01 116.75 117.29 118.33 118.13
2 Export-Based Weights          
2.1 NEER 74.18 74.33 74.32 71.92 71.89
2.2 REER 116.32 119.61 120.10 121.95 121.92
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 63.07 63.59 63.90 59.76 59.58
1.2 REER 121.70 125.76 126.70 125.92 124.84
2 Base: 2017-18 (April-March) =100          
2.1 NEER 92.88 93.63 94.10 88.01 87.74
2.2 REER 94.20 97.32 98.07 97.47 96.64
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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