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36. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee
Date : May 17, 2021
Item 2019-20 2020-21 2020 2021
April March April
1 2 3 4 5
40-Currency Basket (Base: 2015-16=100)          
1 Trade-weighted          
1.1 NEER 98.00 93.92 94.00 95.01 92.56
1.2 REER 103.20 103.49 101.16 104.16 101.48
2 Export-weighted          
2.1 NEER 97.38 93.59 93.50 94.52 92.27
2.2 REER 102.88 102.97 100.37 103.53 100.89
6-Currency Basket (Trade-weighted)          
1 Base: 2015-16 = 100          
1.1 NEER 94.92 88.47 89.18 88.54 86.52
1.2 REER 103.60 101.77 100.37 101.49 99.02
2 Base: 2018-19 = 100          
2.1 NEER 100.78 93.93 94.69 94.00 91.86
2.2 REER 103.30 101.48 100.08 101.20 98.74
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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