(Base : 1985 = 100)

Year

Export -based weights

Trade-based weights

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

59.70

34.30

63.29

35.46

2000-01

62.47

34.24

66.53

35.52

2001-02

64.36

34.54

68.43

35.75

2002-03

67.92

35.41

72.76

37.05

2003-04

P

69.66

34.88

74.14

36.25

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 are recalculated from 1994-95 onwards using the new Wholesale Price Index (WPI) series (Base : 1993-94 = 100).

3. REER & NEER indices are estimated using the common price index and the exchange rate for the Euro, thus representing 31 countries and the Euro area w.e.f. 01.03.2002.