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48. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Mar 12, 2012

(36-Currency Export and Trade Based Weights) (Base: 2004-05=100)

Year

Trade-Based Weights

Export-Based Weights

REER

NEER

REER

NEER

1

2

3

4

2004-05

100.00

100.00

100.00

100.00

2005-06

103.10

102.24

102.74

102.20

2006-07

101.29

97.63

101.05

98.00

2007-08

108.52

104.75

108.57

105.61

2008-09

97.80

93.34

97.77

93.99

2009-10 (P)

94.73

90.93

95.26

91.41

2010-11 (P)

102.34

93.66

103.52

94.74

Year

Trade-Based Weights

Export-Based Weights

REER

NEER

REER

NEER

1

2

3

4

2009-10 (P) April

90.60

89.64

90.92

89.89

May

91.87

90.58

92.34

90.95

June

92.69

91.04

93.09

91.36

July

92.01

89.58

92.37

89.85

August

92.48

89.32

92.84

89.59

September

91.70

88.35

92.14

88.72

October

94.32

90.66

94.85

91.19

November

95.65

90.67

96.15

91.19

December

96.18

91.10

96.77

91.65

January

99.10

92.63

99.80

93.29

February

99.09

93.08

99.88

93.80

March

101.06

94.56

102.01

95.46

2010-11 (P) April

103.85

96.42

104.75

97.29

May

103.03

95.63

103.86

96.41

June

102.40

94.75

103.23

95.52

July

100.07

92.12

101.61

93.48

August

99.69

92.13

100.64

92.98

September

100.86

92.98

101.91

93.97

October

102.76

94.61

103.84

95.69

November

101.77

93.43

102.85

94.52

December

103.62

93.91

104.91

95.19

January

103.87

92.81

105.28

94.11

February

102.81

92.41

104.34

93.70

March

103.37

92.67

105.05

94.04

2011-12 (P) April

104.44

93.06

105.68

94.31

May

102.97

92.00

104.25

93.29

June

103.26

92.00

104.72

93.39

July

104.39

92.62

106.15

94.22

August

102.37

90.64

104.34

92.41

September

99.40

87.89

101.04

89.40

October

96.80

85.50

98.37

86.94

November

94.48

83.00

95.84

84.41

December

91.36

80.83

92.82

82.22

January

94.57

83.24

96.05

84.65

February

98.09

86.34

99.47

87.67

P : Provisional
Note: 1) For ’Note on Methodology’ please see December 2005 issue of this Bulletin.
2) The Base year is changed from 1993-94 to 2004-05.

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