Monetary Aggregates and Their Components: Broad Money and Components: M3 for India
Indian Rupee, Annual, Seasonally Adjusted
MABMM301INA189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
214,828,830,000,000.00
Year-over-Year Change
245.09%
Date Range
1/1/1960 - 1/1/2022
Summary
The Indian Rupee, Annual, Seasonally Adjusted series tracks the average annual exchange rate between the Indian rupee and the U.S. dollar, adjusted for seasonal variations. This metric is closely watched by economists and policymakers to assess India's economic performance and international 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, Annual, Seasonally Adjusted series provides the average annual exchange rate between the Indian rupee and the U.S. dollar, with seasonal factors removed. This data is used to analyze India's trade position, currency movements, and overall economic health in relation to global markets.
Methodology
The data is calculated based on daily spot exchange rates reported by the Reserve Bank of India.
Historical Context
The Indian rupee exchange rate is a key indicator monitored by financial markets, international institutions, and policymakers to gauge India's macroeconomic conditions and policy.
Key Facts
- The Indian rupee is the official currency of India.
- India is the fifth-largest economy in the world by nominal GDP.
- The rupee-dollar exchange rate is a closely watched metric of India's economic performance.
FAQs
Q: What does this economic trend measure?
A: The Indian Rupee, Annual, Seasonally Adjusted series tracks the average annual exchange rate between the Indian rupee and the U.S. dollar, with seasonal factors removed.
Q: Why is this trend relevant for users or analysts?
A: The Indian rupee exchange rate is a key indicator used to assess India's trade position, currency movements, and overall economic health in relation to global markets.
Q: How is this data collected or calculated?
A: The data is calculated based on daily spot exchange rates reported by the Reserve Bank of India.
Q: How is this trend used in economic policy?
A: The Indian rupee exchange rate is closely monitored by financial markets, international institutions, and policymakers to gauge India's macroeconomic conditions and policy.
Q: Are there update delays or limitations?
A: The data is published annually by the U.S. Federal Reserve and may have a delay in reporting compared to more frequent exchange rate measures.
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Citation
U.S. Federal Reserve, Indian Rupee, Annual, Seasonally Adjusted (MABMM301INA189S), retrieved from FRED.