International Merchandise Trade Statistics: Trade Balance: Commodities for Russia
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
XTNTVA01RUQ667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,303,010,000.00
Year-over-Year Change
-71.25%
Date Range
1/1/1991 - 4/1/2025
Summary
This economic indicator tracks the quarterly, seasonally adjusted exchange rate of the U.S. dollar against a broad basket of foreign currencies. It provides insight into the dollar's relative value and competitiveness in global trade and financial markets.
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. dollar exchange rate is a crucial macroeconomic indicator that reflects the strength and purchasing power of the American currency. This data series measures the dollar's trade-weighted value compared to the currencies of major U.S. trading partners, offering analysts and policymakers a broad perspective on the dollar's international position.
Methodology
The data is calculated by the U.S. Federal Reserve based on exchange rates and trade weights.
Historical Context
The dollar exchange rate is closely monitored by economists, investors, and policymakers to assess the competitiveness of U.S. exports, the cost of imports, and the overall health of the American economy.
Key Facts
- The trade-weighted U.S. dollar index has risen over 30% since 2014.
- A stronger dollar makes U.S. exports more expensive for foreign buyers.
- The dollar's exchange rate is a key factor in the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly, seasonally adjusted exchange rate of the U.S. dollar against a broad basket of foreign currencies, providing insight into the dollar's relative value and competitiveness.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar exchange rate is a crucial macroeconomic indicator that reflects the strength and purchasing power of the American currency, offering analysts and policymakers a broad perspective on the dollar's international position.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on exchange rates and trade weights.
Q: How is this trend used in economic policy?
A: The dollar exchange rate is closely monitored by economists, investors, and policymakers to assess the competitiveness of U.S. exports, the cost of imports, and the overall health of the American economy.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a slight delay, and may be subject to revisions as additional information becomes available.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Russian Federation
RUSFCLODCHGGDPPT
Amount Outstanding of Domestic Bonds and Notes in Financial Corporations Sector, Long-Term at Original Maturity, Residence of Issuer in Russia
DBNLTRIAOFCRU
5-Bank Asset Concentration for Russian Federation
DDOI06RUA156NWDB
Central government debt, total (% of GDP) for the Russian Federation
DEBTTLRUA188A
Production: Industry: Total Industry Excluding Construction for Russia
RUSPRINTO01GPSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing (Housing Excluding Imputed Rentals for Housing) for Russia
RUSCPGRLH02GYM
Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (XTNTVA01RUQ667S), retrieved from FRED.