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36. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee
Date : Oct 18, 2021
Item 2019-20 2020-21 2020 2021
September August September
1 2 3 4 5
40-Currency Basket (Base: 2015-16=100)          
1 Trade-weighted          
1.1 NEER 98.00 93.92 94.82 93.77 94.50
1.2 REER 103.20 103.46 105.52 104.84 105.62
2 Export-weighted          
2.1 NEER 97.38 93.59 94.53 93.32 94.07
2.2 REER 102.88 102.96 105.07 104.07 104.86
6-Currency Basket (Trade-weighted)          
1 Base: 2015-16 = 100          
1.1 NEER 94.92 88.47 89.23 87.14 87.83
1.2 REER 103.60 101.79 103.71 102.76 103.63
2 Base: 2018-19 = 100          
2.1 NEER 100.78 93.93 94.74 92.51 93.25
2.2 REER 103.30 101.50 103.41 102.46 103.34
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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