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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Apr 26, 2021
Item 2018-19 2019-20 2020 2021
March February March
1 2 3 4 5
40-Currency Basket (Base: 2015-16=100)          
1 Trade-weighted          
1.1 NEER 97.45 98.00 95.25 94.24 95.14
1.2 REER 100.63 103.20 101.00 103.58 104.57
2 Export-weighted          
2.1 NEER 97.13 97.38 94.43 93.78 94.67
2.2 REER 100.29 102.88 100.64 103.08 104.03
6-Currency Basket (Trade-weighted)          
1 Base: 2015-16 = 100          
1.1 NEER 94.19 94.92 90.77 87.88 88.54
1.2 REER 100.29 103.60 99.94 101.06 101.56
2 Base: 2018-19 = 100          
2.1 NEER 100.00 100.78 96.37 93.30 94.00
2.2 REER 100.00 103.30 99.65 100.77 101.27
Note: Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2018-19 is a moving one, which gets updated every year. REER figures are based on Consumer Price Index (combined). The details on methodology used for compilation of NEER/REER indices are available in December 2005, April 2014 and January 2021 issues of the RBI Bulletin.

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