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36. Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee
Date : Mar 19, 2021
Item 2018-19 2019-20 2020 2021
February January February
1 2 3 4 5
40-Currency Basket (Base: 2015-16=100)          
1 Trade-weighted          
1.1 NEER 97.45 98.00 97.57 93.71 94.15
1.2 REER 100.63 103.20 103.81 102.98 103.46
2 Export-weighted          
2.1 NEER 97.13 97.38 96.91 93.30 93.68
2.2 REER 100.29 102.88 103.69 102.57 102.99
6-Currency Basket (Trade-weighted)          
1 Base: 2015-16 = 100          
1.1 NEER 94.19 94.92 94.59 87.34 87.88
1.2 REER 100.29 103.60 104.21 100.91 101.46
2 Base: 2018-19 = 100          
2.1 NEER 100.00 100.78 100.43 92.73 93.30
2.2 REER 100.00 103.30 103.91 100.62 101.18
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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