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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Jan 21, 2021
Item 2018-19 2019-20 2019 2020
December November December
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 72.78 69.36 69.11
1.2 REER 114.01 116.75 119.05 117.57 117.14
2 Export-Based Weights          
2.1 NEER 74.18 74.33 73.77 70.69 70.51
2.2 REER 116.32 119.61 121.91 121.55 121.24
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 63.07 63.59 63.35 58.53 58.33
1.2 REER 121.70 125.76 128.72 125.27 125.17
2 Base: 2017-18 (April-March) =100          
2.1 NEER 92.88 93.63 93.28 86.20 85.90
2.2 REER 94.20 97.32 99.64 96.96 96.89
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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