Annual Report


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Document - I 60: Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of The Indian Rupee () or PDF - I 60: Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of The Indian Rupee ()
Date : Aug 29, 2005
I 60: Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of The Indian Rupee

Year/Month

36 - country bilateral trade weights

5 - country bilateral trade weights

   

(Base : 1985 = 100)

 

(Base : 1993-94 = 100)

           
   

REER

NEER

REER

NEER

           
 

1

2

3

4

5

           

1993-94

 

61.59

44.69

100.00

100.00

           

1994-95

 

66.04

43.37

105.81

96.09

           

1995-96

 

63.62

39.73

102.29

87.69

           

1996-97

 

63.81

38.97

103.43

86.38

           

1997-98

 

67.02

40.01

105.84

86.43

           

1998-99

 

63.44

36.34

97.79

76.45

           

1999-00

 

63.29

35.46

96.74

74.22

           

2000-01

 

66.53

35.52

100.76

73.77

           

2001-02

 

68.43

35.75

102.09

73.18

           

2002-03

 

72.76

37.05

97.88

68.78

           

2003-04

 

74.14

36.25

99.60

67.36

           

2004-05 (P)

76.95

35.64

101.91

66.09

           

2004-05

         
           

April

 

77.14

36.98

103.12

68.61

           

May

 

75.49

35.94

101.38

67.27

           

June

 

76.62

35.87

101.19

66.14

           

July (P)

 

75.80

35.22

100.40

65.10

           

August (P)

 

76.34

35.14

101.21

65.08

           

September (P)

77.28

35.37

102.28

65.48

           

October (P)

76.61

35.17

101.36

65.36

           

November (P)

76.56

34.91

101.42

64.90

           

December (P)

77.48

35.60

101.46

65.48

           

January (P)

77.92

35.85

102.84

66.35

           

February (P)

78.18

35.93

103.49

66.81

           

March (P)

 

77.95

35.69

103.13

66.48

           

2005-06 (P)

       
           

April

 

79.68

36.09

104.32

67.05

           

May

 

81.07

36.60

105.81

67.88

           

June

 

81.65

36.71

108.06

68.98

           

P : Provisional.
Note : 1.The 36-country and 5-country REER indices have been recalculated from
April 1994 and April 1993 onwards, respectively, using the new Wholesale Price Index
(WPI) series (Base : 1993-94=100).
2.The 36-Country REER & NEER have been estimated using the common price index
and the exchange rate for the Euro, thus representing 31 countries and the Euro area
w.e.f. March 1, 2002.


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