... Revision of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) Indices*The indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) ... Specifically, Where e : Exchange rate of Indian rupee against a numeraire, i.e., the IMF’s Special Drawing Rights (SDRs) in indexed form,* Prepared jointly in the Division of International Finance, Department ... currencies have been included in the new indices, both being Asian - the Chinese yuan and the Hong Kong Dollar.The rapid growth in India’s foreign trade with China and Hong Kong in the recent years...