International Merchandise Trade Statistics: Imports: Commodities for Portugal
US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted
PRTXTIMVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,845,870,000.00
Year-over-Year Change
3.05%
Date Range
1/1/1957 - 1/1/2025
Summary
This economic indicator tracks the U.S. dollar exchange rate against other currencies on a quarterly basis. It provides insights into the global competitiveness and purchasing power of the U.S. dollar.
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 U.S. dollars, exchange rate converted metric measures the value of the U.S. dollar relative to a basket of foreign currencies. This data is widely used by economists, policymakers, and market analysts to assess the strength and international standing of the U.S. currency.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This exchange rate information informs trade, investment, and monetary policy decisions.
Key Facts
- The U.S. dollar is the world's dominant reserve currency.
- Exchange rates impact the relative prices of imports and exports.
- Fluctuations in the dollar's value affect the global competitiveness of U.S. goods and services.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the value of the U.S. dollar against a basket of major foreign currencies on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar exchange rate is a critical economic indicator that informs trade, investment, and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this exchange rate information to assess the global competitiveness and purchasing power of the U.S. dollar.
Q: Are there update delays or limitations?
A: This quarterly exchange rate data is published with minimal delays by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted (PRTXTIMVA01CXMLQ), retrieved from FRED.