Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for India
Indian Rupee, Quarterly, Not Seasonally Adjusted
MANMM101INQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56,128,480,000,000.00
Year-over-Year Change
29.78%
Date Range
1/1/1960 - 7/1/2023
Summary
This economic trend measures the quarterly value of the Indian rupee, providing insight into the currency's performance over time. Understanding exchange rate dynamics is crucial for economists and policymakers analyzing international trade and capital flows.
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, India's national currency, is a key indicator of the country's economic health and global competitiveness. This quarterly, non-seasonally adjusted series tracks the rupee's exchange rate, which is influenced by factors such as inflation, interest rates, and market sentiment.
Methodology
The data is collected and reported by the U.S. Federal Reserve.
Historical Context
The rupee's value is closely monitored by investors, businesses, and policymakers to assess India's economic and trade prospects.
Key Facts
- The Indian rupee is the official currency of India.
- India is one of the world's largest economies and a major trading partner.
- The rupee's exchange rate reflects India's economic performance and global competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly value of the Indian rupee, India's national currency, providing insight into the currency's performance over time.
Q: Why is this trend relevant for users or analysts?
A: Understanding the dynamics of the Indian rupee's exchange rate is crucial for analyzing international trade, capital flows, and the overall health of the Indian economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The rupee's value is closely monitored by investors, businesses, and policymakers to assess India's economic and trade prospects, informing decisions on international investments and trade agreements.
Q: Are there update delays or limitations?
A: The data is provided on a quarterly basis, which may not capture short-term fluctuations in the rupee's exchange rate.
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Citation
U.S. Federal Reserve, Indian Rupee, Quarterly, Not Seasonally Adjusted (MANMM101INQ189N), retrieved from FRED.