International Merchandise Trade Statistics: Imports: Commodities for Russia
US dollars, exchange rate converted, Quarterly
XTIMVA01RUQ667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75,040,270,000.00
Year-over-Year Change
29.24%
Date Range
1/1/1991 - 4/1/2025
Summary
The U.S. dollars, exchange rate converted, Quarterly series measures the value of the U.S. dollar against a trade-weighted basket of foreign currencies on a quarterly basis. This metric is crucial for analyzing international trade, capital flows, and the competitiveness of U.S. exports.
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
This series represents the trade-weighted U.S. dollar index, which tracks the value of the U.S. dollar relative to the currencies of major U.S. trading partners. It is used by economists, policymakers, and investors to assess the international purchasing power of the dollar and its impact on the U.S. economy.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and trade weights.
Historical Context
Fluctuations in the U.S. dollar exchange rate have significant implications for U.S. monetary and trade policies, as well as the competitiveness of American exports and imports.
Key Facts
- The U.S. dollar reached a 20-year high in 2022.
- A stronger dollar makes U.S. exports more expensive for foreign buyers.
- The dollar's value is influenced by interest rates, inflation, and geopolitical factors.
FAQs
Q: What does this economic trend measure?
A: The U.S. dollars, exchange rate converted, Quarterly series measures the value of the U.S. dollar against a trade-weighted basket of foreign currencies on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for analyzing international trade, capital flows, and the competitiveness of U.S. exports, as well as for informing monetary and trade policies.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on exchange rates and trade weights.
Q: How is this trend used in economic policy?
A: Fluctuations in the U.S. dollar exchange rate have significant implications for U.S. monetary and trade policies, as well as the competitiveness of American exports and imports.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, U.S. dollars, exchange rate converted, Quarterly (XTIMVA01RUQ667S), retrieved from FRED.