Balance of Payments: Reserve Assets: Assets (or Net Acquisition of Assets) for Japan
Yen
JPNB6FARA01NCCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,003,970,000,000.00
Year-over-Year Change
638.81%
Date Range
1/1/1996 - 1/1/2025
Summary
The Yen series measures the foreign exchange value of the Japanese yen against a broad basket of other currencies. It serves as a key indicator of Japan's economic competitiveness and the relative strength of the yen in global markets.
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 Yen index tracks the weighted-average exchange rate of the yen against the currencies of Japan's major trading partners. It is a widely followed measure of the yen's purchasing power and a barometer of Japan's trade and investment position in the global economy.
Methodology
The Federal Reserve calculates the Yen index based on exchange rates and trade weights across a broad basket of currencies.
Historical Context
Policymakers and analysts monitor the Yen index to assess the impact on Japan's exports, imports, and overall economic performance.
Key Facts
- The Yen index has a base year of 2006.
- Japan is the world's third-largest economy.
- The yen is one of the most traded currencies globally.
FAQs
Q: What does this economic trend measure?
A: The Yen index measures the foreign exchange value of the Japanese yen against a broad basket of other currencies. It serves as an indicator of the yen's purchasing power and Japan's trade competitiveness.
Q: Why is this trend relevant for users or analysts?
A: The Yen index is a key indicator for assessing Japan's economic performance, as the exchange rate impacts the country's exports, imports, and overall trade position.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates the Yen index based on exchange rates and trade weights across a broad basket of currencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the Yen index to understand the impact on Japan's exports, imports, and overall economic performance, which informs monetary and trade policy decisions.
Q: Are there update delays or limitations?
A: The Yen index data is published by the Federal Reserve and may be subject to the same update delays and limitations as other economic indicators.
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Citation
U.S. Federal Reserve, Yen (JPNB6FARA01NCCUQ), retrieved from FRED.