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Table 153 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of Indian Rupee (36-Currency Bilateral Weights) (Financial Year - Annual Average) (Base : 1993-94 = 100)

(36- Currency Bilateral Weights) (Financial Year - Annual Average)

 (Base:1993-94 = 100)

Year

Export-based Weights

Trade-based Weights

REER

NEER

REER

NEER

1
2
3
4
5

1993-94  

100.00

100.00

100.00

100.00

1994-95  

104.88

98.18

104.32

98.91

1995-96  

100.10

90.94

98.19

91.54

1996-97  

98.95

89.03

96.83

89.27

1997-98  

103.07

91.97

100.77

92.04

1998-99  

94.34

90.34

93.04

89.05

1999-00  

95.28

90.42

95.99

91.02

2000-01  

98.67

90.12

100.09

92.12

2001-02  

98.59

89.08

100.86

91.58

2002-03  

95.99

87.01

98.18

89.12

2003-04  

99.07

87.89

99.56

87.14

2004-05  

98.30

88.41

100.09

87.31

2005-06  

100.54

91.17

102.35

89.85

2006-07  

97.42

87.46

98.48

85.89

2007-08  

104.12

95.30

104.81

93.91

2008-09  

94.01

85.97

94.45

86.15

Note : 1. Data for 2008-09 are provisional.
2. REER indices are recalculated from 1993-94 onwards using the new Wholesale Price Index (WPI) series (Base : 1993-94 = 100).
3. The 36-Country REER & NEER are revised as 36- Currency REER & NEER respectively and for “note on Methodology” on the indices, please see December 2005 Issue of RBI monthly Bulletin.
Also see Notes on Tables.

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