Monetary Aggregates and Their Components: Broad Money and Components: M3 for India
Indian Rupee, Quarterly, Seasonally Adjusted
MABMM301INQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146,430,436,859,890.00
Year-over-Year Change
28.49%
Date Range
1/1/1960 - 10/1/2018
Summary
This series tracks the quarterly, seasonally adjusted exchange rate of the Indian rupee against the U.S. dollar. It is a key indicator of India's economic performance and international trade dynamics.
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-U.S. dollar exchange rate is a widely followed economic metric that reflects India's international competitiveness and the broader health of its economy. Analysts and policymakers use this data to assess India's trade balance, inflationary pressures, and the impact of foreign investment.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
The rupee-dollar exchange rate is a critical input for monetary and fiscal policy decisions in both India and the United States.
Key Facts
- The Indian rupee has depreciated by over 50% against the U.S. dollar since 2010.
- India is the world's fifth-largest economy and a major U.S. trading partner.
- Exchange rate movements impact India's import/export competitiveness and domestic inflation.
FAQs
Q: What does this economic trend measure?
A: This series tracks the quarterly, seasonally adjusted exchange rate between the Indian rupee and the U.S. dollar, a key indicator of India's international economic competitiveness.
Q: Why is this trend relevant for users or analysts?
A: The rupee-dollar exchange rate is closely watched by economists, investors, and policymakers as it reflects India's trade balance, inflationary pressures, and the impact of foreign investment.
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: The rupee-dollar exchange rate is a critical input for monetary and fiscal policy decisions in both India and the United States, as it impacts trade, inflation, and capital flows.
Q: Are there update delays or limitations?
A: This series is published quarterly with a typical 2-3 month delay, and may be subject to revisions based on changes in data sources or calculation methodologies.
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Citation
U.S. Federal Reserve, Indian Rupee, Quarterly, Seasonally Adjusted (MABMM301INQ189S), retrieved from FRED.