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36. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee
Date : Mar 17, 2022
Item 2019-20 2020-21 2021 2022
February January February
1 2 3 4 5
40-Currency Basket (Base: 2015-16=100)          
1 Trade-weighted          
1.1 NEER 98.00 93.92 94.24 94.53 93.74
1.2 REER 103.20 103.46 103.46 104.80 103.64
2 Export-weighted          
2.1 NEER 97.38 93.59 93.78 94.71 93.91
2.2 REER 102.88 102.96 103.06 104.31 103.16
6-Currency Basket (Trade-weighted)          
1 Base: 2015-16 = 100          
1.1 NEER 94.87 88.46 87.90 87.60 86.91
1.2 REER 103.56 101.87 101.18 103.17 102.36
2 Base: 2019-20 = 100          
2.1 NEER 100.00 93.24 92.66 92.33 91.61
2.2 REER 100.00 98.36 97.70 99.62 98.84
Note: Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2019-20 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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