Balance of Payments: Services: Expenditure for India
Indian Rupee, Seasonally Adjusted
INDB6DBSE01NCCUSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,154,188,000,000.00
Year-over-Year Change
34.86%
Date Range
1/1/1990 - 1/1/2025
Summary
This economic trend measures the seasonally adjusted Indian Rupee exchange rate against the U.S. Dollar. It is a key indicator of India's international trade and competitiveness.
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 Indian Rupee exchange rate is a widely followed metric that reflects the relative strength of the Indian economy. Analyzing this trend provides insights into India's trade balance, inflation, and monetary policy dynamics.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Policymakers and analysts use the Indian Rupee exchange rate to gauge India's economic performance and its integration with global markets.
Key Facts
- The Indian Rupee has depreciated over 50% against the U.S. Dollar since 2010.
- India is one of the world's largest economies and a major trading partner for the U.S.
- Exchange rate fluctuations impact the cost of imports/exports and foreign investment in India.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted exchange rate between the Indian Rupee and the U.S. Dollar, providing insights into India's international trade and economic competitiveness.
Q: Why is this trend relevant for users or analysts?
A: The Indian Rupee exchange rate is a critical economic indicator that helps analysts and policymakers assess India's trade balance, inflation, and the effectiveness of monetary policy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the Indian Rupee exchange rate to gauge India's international competitiveness and make informed decisions about trade, investment, and monetary policies.
Q: Are there update delays or limitations?
A: The Indian Rupee exchange rate data is published with a short lag and is subject to seasonal adjustments, which may affect interpretation for certain applications.
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Citation
U.S. Federal Reserve, Indian Rupee, Seasonally Adjusted (INDB6DBSE01NCCUSAQ), retrieved from FRED.