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36. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee
Date : Jan 17, 2022
Item 2019-20 2020-21 2020 2021
December November December
1 2 3 4 5
40-Currency Basket (Base: 2015-16=100)          
1 Trade-weighted          
1.1 NEER 98.00 93.92 92.96 94.04 93.50
1.2 REER 103.20 103.46 103.34 105.91 104.38
2 Export-weighted          
2.1 NEER 97.38 93.59 92.80 93.97 93.70
2.2 REER 102.88 102.96 103.13 105.37 104.15
6-Currency Basket (Trade-weighted)          
1 Base: 2015-16 = 100          
1.1 NEER 94.92 88.47 87.13 87.60 86.64
1.2 REER 103.62 101.88 101.66 104.31 102.68
2 Base: 2018-19 = 100          
2.1 NEER 100.78 93.93 92.50 93.00 91.98
2.2 REER 103.32 101.59 101.37 104.01 102.38
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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