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Document - 37. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee () or PDF - 37. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee ()
37. Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee
Date : Apr 23, 2026
Item 2023-24 2024-25 2025 2026
Mar. Feb. Mar.
1 2 3 4 5
40-Currency Basket (Base: 2015-16=100)          
1. Trade-Weighted          
1.1 NEER 91.01 84.72 89.00 81.70 80.80
1.2 REER 105.41 97.47 101.72 93.99 92.72
2. Export-Weighted          
2.1 NEER 93.52 86.84 91.71 84.27 83.33
2.2 REER 102.50 94.90 98.95 92.12 90.62
6-Currency Basket (Trade-weighted)          
1. Base : 2015-16 =100          
1.1 NEER 82.38 76.73 80.24 73.76 72.71
1.2 REER 102.72 95.85 99.20 92.45 91.23
2. Base : 2022-23 =100          
2.1 NEER 95.87 89.30 93.38 85.83 84.62
2.2 REER 100.90 94.16 97.44 90.82 89.61
Note: Data for 2024-25 and 2025-26 so far is provisional.
Increase in indices indicates appreciation of rupee and vice versa. For 6-Currency index, base year 2022-23 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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