Rupee REER Falls to 101.49 in March 2025: RBI Bulletin
Why in the news
RBI’s monthly bulletin showed the rupee’s real effective exchange rate easing again in March 2025.
Key facts
| Month | REER (40 currencies) |
|---|---|
| November 2024 (peak) | 108.14 |
| December 2024 | 107.2 |
| January 2025 | 103.66 |
| February 2025 | 102.37 |
| March 2025 | 101.49 |
- A narrower inflation gap with trade partners also lowered REER and helped competitiveness.
- An HDFC Bank economist said the rupee weakened early in March but steadied on capital inflows.
- Forward book was $77.5 billion in January; spot net sales were $11.1 billion in January.
- FY24: net purchases of $41.27 billion.
Exam angle
- Source: RBI monthly bulletin; a falling REER means better price competitiveness.