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36. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee
Date : Jul 16, 2022
Item 2020-21 2021-22 2021 2022
June May June
1 2 3 4 5
40-Currency Basket (Base: 2015-16=100)          
1 Trade-weighted          
1.1 NEER 93.92 93.13 93.03 93.35 92.58
1.2 REER 103.46 104.66 104.74 104.78 104.18
2 Export-weighted          
2.1 NEER 93.59 93.55 93.22 94.46 93.92
2.2 REER 102.96 103.48 103.52 103.44 102.93
6-Currency Basket (Trade-weighted)          
1 Base: 2015-16 = 100          
1.1 NEER 88.45 87.03 87.09 88.04 87.40
1.2 REER 101.84 102.27 102.05 104.20 103.77
2 Base: 2020-21 = 100          
2.1 NEER 100.00 98.39 98.45 99.53 98.80
2.2 REER 100.00 100.42 100.21 102.32 101.90
Note: Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2020-21 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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