National currency, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted
BPBLTD01AUQ636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,411,000,000.00
Year-over-Year Change
-63.33%
Date Range
7/1/1959 - 10/1/2013
Summary
This economic trend measures the total U.S. dollar value of national currency holdings over a quarterly period. It provides insights into global demand for the U.S. dollar as a reserve currency.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The National currency, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted metric tracks the total value of U.S. dollar-denominated currency in circulation outside of the United States. This data point is used by economists and policymakers to analyze international demand for the U.S. dollar.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of financial institutions.
Historical Context
Trends in national currency holdings are closely watched as an indicator of global confidence in the U.S. dollar and can inform monetary policy decisions.
Key Facts
- The U.S. dollar is the world's primary reserve currency.
- Currency held outside the U.S. has grown steadily since the 1970s.
- Demand for U.S. dollars can indicate confidence in the American economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of U.S. dollar-denominated currency circulating outside of the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Trends in national currency holdings are an important indicator of global demand for the U.S. dollar, which has implications for monetary policy and international finance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor national currency data to gauge global confidence in the U.S. dollar and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The national currency data is released on a quarterly basis with a short delay, providing a timely but not real-time representation of trends.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for Australia
LRHU24TTAUM156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Australia
AUSCPIALLAINMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Australia
AUSCP040300GYQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Australia
AUSCP040500IXOBQ
Real Gross Fixed Capital Formation, Dwellings for Australia
NFIDRNSAXDCAUQ
Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Australia
CSCICP03AUM665S
Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted (BPBLTD01AUQ636N), retrieved from FRED.