Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for India
US dollars, exchange rate converted
INDB6FATT01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11,023,020,000.00
Year-over-Year Change
-50.39%
Date Range
1/1/1990 - 10/1/2024
Summary
The US dollars, exchange rate converted trend measures the value of the US dollar relative to a basket of major foreign currencies. This metric is widely used by economists, policymakers, and market analysts to assess the strength and competitiveness of the US economy.
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, exchange rate converted series represents the US dollar's exchange rate against a trade-weighted basket of foreign currencies. This index provides insight into the dollar's purchasing power and how it impacts US trade, investment, and economic performance.
Methodology
The data is calculated by the US Federal Reserve based on exchange rates of the US dollar against other major currencies.
Historical Context
This exchange rate trend is closely monitored by policymakers and markets to understand the dollar's impact on exports, imports, and the overall competitiveness of the US economy.
Key Facts
- The US dollar is the world's primary reserve currency.
- A stronger dollar can make US exports less competitive globally.
- Exchange rate movements impact inflation, consumer purchasing power, and business profitability.
FAQs
Q: What does this economic trend measure?
A: The US dollars, exchange rate converted trend measures the value of the US dollar relative to a basket of major foreign currencies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the dollar's purchasing power and competitiveness, which impacts US trade, investment, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the US Federal Reserve based on exchange rates of the US dollar against other major currencies.
Q: How is this trend used in economic policy?
A: This exchange rate trend is closely monitored by policymakers and markets to understand the dollar's impact on exports, imports, and the overall competitiveness of the US economy.
Q: Are there update delays or limitations?
A: The US dollars, exchange rate converted data is published regularly by the Federal Reserve with minimal update delays.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted (INDB6FATT01CXCUQ), retrieved from FRED.