Table 133 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of The Indian Rupee
(36 - country bilateral weights) |
(Annual Average : Financial Year) |
|
|
|
|
(Base : 1985=100) |
Export -based Weights |
Trade-based Weights |
|||
Year |
REER |
NEER |
REER |
NEER |
1 |
2 |
3 |
4 |
5 |
1975-76 |
107.31 |
100.28 |
106.27 |
97.95 |
1976-77 |
102.49 |
101.13 |
101.34 |
98.67 |
1977-78 |
101.21 |
102.18 |
100.12 |
99.86 |
1978-79 |
93.11 |
99.68 |
91.98 |
97.18 |
1979-80 |
99.09 |
102.79 |
97.08 |
99.43 |
1980-81 |
106.15 |
106.48 |
104.48 |
103.46 |
1981-82 |
105.74 |
106.20 |
104.48 |
103.54 |
1982-83 |
102.09 |
107.09 |
101.17 |
104.75 |
1983-84 |
104.51 |
106.68 |
104.24 |
105.27 |
1984-85 |
100.44 |
101.77 |
100.86 |
101.47 |
1985-86 |
97.85 |
98.52 |
98.27 |
98.50 |
1986-87 |
90.12 |
85.77 |
90.24 |
85.85 |
1987-88 |
85.39 |
81.20 |
85.36 |
81.16 |
1988-89 |
80.26 |
75.25 |
80.41 |
75.57 |
1989-90 |
77.34 |
71.60 |
78.44 |
72.16 |
1990-91 |
73.33 |
66.19 |
75.58 |
67.20 |
1991-92 |
61.36 |
51.12 |
64.20 |
52.51 |
1992-93 |
54.42 |
42.30 |
57.08 |
43.46 |
1993-94 |
59.09 |
43.48 |
61.59 |
44.69 |
1994-95 |
63.29 |
42.20 |
66.04 |
43.37 |
1995-96 |
60.94 |
38.74 |
63.62 |
39.73 |
1996-97 |
61.14 |
38.09 |
63.81 |
38.97 |
1997-98 |
63.76 |
38.93 |
67.02 |
40.01 |
1998-99 |
60.13 |
35.32 |
63.44 |
36.34 |
1999-00 P |
59.71 |
34.30 |
63.31 |
35.46 |
P |
Provisional. |
|
Note |
1. |
Data up to 1991-92 are based on Official Exchange Rates and data from 1992-93 onwards are based on FEDAI (Foreign Exchange Dealers Association of India) Indicative Rates. |
2. |
REER Indices have been recalculated from 1994-95 onwards using the new wholesale price index (WPI) series(Base : 1993-94 = 100) |
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