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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Feb 11, 2020
Item 2017-18 2018-19 2019 2020
January December January
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 72.23 72.67 72.26
1.2 REER 119.71 114.01 113.29 117.85 117.18
2 Export-Based Weights          
2.1 NEER 78.89 74.18 73.81 74.00 73.72
2.2 REER 121.94 116.32 115.55 120.35 119.90
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 67.91 63.07 62.76 63.35 62.98
1.2 REER 129.19 121.70 120.67 128.72 127.22
2 Base: 2017-18 (April-March) =100          
2.1 NEER 100.00 92.88 92.42 93.28 92.74
2.2 REER 100.00 94.20 93.41 99.64 98.47
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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