Tuesday, April 5, 2016

Effective Exchange Rate Indexes: March 2016 Update

The NEER and REER page has been updated.

Summary

The Ringgit continued to gain ground in both the broad and narrow indexes, driven by advances against the USD, CNY, HKD and GBP, although the pace of advance slowed. The broad nominal index rose 1.22 points to 88.03 (p), while the broad real index rose 1.41 points to 89.79 (p).

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Changelog:

  1. Indexes have been updated to March 2016, with revisions for January and February 2016
  2. CPI deflators have been updated for February/March 2016
  3. Both real and nominal ASEAN indexes have been completely revised, due to a spreadsheet error

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