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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Mar 12, 2019
Item 2016-17 2017-18 2018 2019
February January February
1 2 3 4 5
36-Currency Export and Trade Based Weights (Base: 2004-05=100)          
1 Trade-Based Weights          
1.1 NEER 74.65 76.94 75.56 72.32 71.63
1.2 REER 114.52 119.71 117.44 113.84 112.76
2 Export-Based Weights          
2.1 NEER 76.38 78.89 77.78 73.88 73.18
2.2 REER 116.45 121.94 119.95 116.26 115.16
6-Currency Trade Based Weights          
1 Base: 2004-05 (April-March) =100          
1.1 NEER 66.86 67.91 65.79 62.76 62.29
1.2 REER 125.17 129.19 125.12 120.76 119.46
2 Base: 2017-18 (April-March) =100          
2.1 NEER 98.46 100.00 96.88 92.42 91.73
2.2 REER 96.89 100.00 96.85 93.47 92.47
Note : Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2016-17 is a moving one, which gets updated every year. REER figures are based on Consumer Price Index (combined).
Methodological details are available in December 2005 and April 2014 issues of the Bulletin.

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