US Acquisition of Reserve Assets: Special drawing rights

IEAARSD • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

339.00

Year-over-Year Change

-77.65%

Date Range

1/1/1999 - 1/1/2025

Summary

The 'US Acquisition of Reserve Assets: Special drawing rights' series measures the value of US holdings of special drawing rights (SDRs), a type of international reserve asset created by the International Monetary Fund (IMF). This metric is important for understanding the US's foreign exchange reserves and global financial positioning.

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

Special drawing rights (SDRs) are an international reserve asset created by the IMF to supplement the official reserves of its member countries. The 'US Acquisition of Reserve Assets: Special drawing rights' series tracks the value of SDRs held by the US, which are used for international transactions and to support the stability of the global monetary system.

Methodology

The data is collected and reported by the US Federal Reserve.

Historical Context

Policymakers and analysts monitor this metric to assess the US's international financial standing and reserve management practices.

Key Facts

  • SDRs are an international reserve asset created by the IMF.
  • The US holds a significant amount of SDRs as part of its foreign exchange reserves.
  • The value of US SDR holdings reflects the country's global financial influence.

FAQs

Q: What does this economic trend measure?

A: The 'US Acquisition of Reserve Assets: Special drawing rights' series measures the value of special drawing rights (SDRs) held by the United States as part of its official foreign exchange reserves.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for understanding the US's global financial position and the stability of the international monetary system, as SDRs are a key component of official reserve assets.

Q: How is this data collected or calculated?

A: The data is collected and reported by the US Federal Reserve.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor the US's SDR holdings to assess the country's reserve management practices and international financial standing.

Q: Are there update delays or limitations?

A: The data is published regularly by the Federal Reserve with minimal delays, providing timely information on this important economic indicator.

Related Trends

Citation

U.S. Federal Reserve, US Acquisition of Reserve Assets: Special drawing rights (IEAARSD), retrieved from FRED.