Balance of Payments: Reserve Assets: Assets (or Net Acquisition of Assets) for India
INDB6FARA01NCCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3,180,807,000,000.00
Year-over-Year Change
-9221.78%
Date Range
1/1/1990 - 10/1/2024
Summary
The Balance of Payments: Reserve Assets: Assets (or Net Acquisition of Assets) for India measures India's international reserve asset holdings, which are crucial for economic stability and policy flexibility.
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 economic indicator tracks the net change in India's official reserve assets, including foreign exchange, reserve position in the IMF, and monetary gold. It provides insight into India's international financial position and capacity to manage external shocks.
Methodology
The data is collected and reported by the Reserve Bank of India.
Historical Context
Policymakers monitor this metric to assess India's external sector performance and the adequacy of its foreign exchange reserves.
Key Facts
- India's reserve assets totaled $631.92 billion as of December 2022.
- India's reserve assets have grown by over 50% since 2018.
- Reserve assets play a crucial role in India's exchange rate management and crisis response.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Reserve Assets: Assets (or Net Acquisition of Assets) for India measures the net change in India's official reserve assets, including foreign exchange, reserve position in the IMF, and monetary gold.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into India's international financial position and capacity to manage external shocks, making it crucial for policymakers and analysts assessing the country's economic stability and policy flexibility.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Reserve Bank of India.
Q: How is this trend used in economic policy?
A: Policymakers monitor this metric to assess India's external sector performance and the adequacy of its foreign exchange reserves, which is important for exchange rate management and crisis response.
Q: Are there update delays or limitations?
A: The data is reported with a short lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Balance of Payments: Reserve Assets: Assets (or Net Acquisition of Assets) for India (INDB6FARA01NCCUQ), retrieved from FRED.