US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted
BPDBSE01NOQ637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,181,280,000.00
Year-over-Year Change
12.30%
Date Range
1/1/1994 - 4/1/2014
Summary
This economic trend measures the total value of U.S. dollars held as reserves by foreign central banks and monetary authorities on a quarterly basis. It provides insights into global confidence in the U.S. dollar and international demand for American 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 US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted series represents the total dollar value of foreign exchange reserve assets held by central banks and other official institutions. This metric is widely used by economists and policymakers to gauge global economic stability and the relative strength of the U.S. dollar.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on reports from central banks and monetary authorities.
Historical Context
This trend is closely monitored by the Federal Reserve and other financial institutions to assess the international standing of the U.S. dollar and potential risks to the global economy.
Key Facts
- Foreign central banks hold over $6.8 trillion in U.S. dollar reserves.
- The U.S. dollar accounts for over 60% of global foreign exchange reserves.
- China is the largest foreign holder of U.S. dollar assets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of U.S. dollars held as foreign exchange reserves by central banks and monetary authorities around the world on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The level of U.S. dollar reserves held globally is a key indicator of international confidence in the American currency and the stability of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve based on reports from central banks and monetary authorities on their holdings of U.S. dollar assets.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess global financial conditions and the standing of the U.S. dollar, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve with a lag of several months.
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Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted (BPDBSE01NOQ637N), retrieved from FRED.