National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for India
Indian Rupee, Annual
NAEXKP04INA652S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53,087,283,240,000.00
Year-over-Year Change
94.16%
Date Range
1/1/1997 - 1/1/2022
Summary
The Indian Rupee, Annual series tracks the annual average exchange rate between the Indian rupee and the U.S. dollar. This key economic indicator reflects India's international trade and financial position.
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, Annual series measures the yearly average value of the Indian rupee relative to the U.S. dollar. It is a widely-followed economic indicator that provides insight into India's currency movements, trade flows, and macroeconomic conditions.
Methodology
The data is collected and reported by the Federal Reserve based on foreign exchange market quotations.
Historical Context
Policymakers and analysts use this trend to assess India's competitiveness, monitor inflation, and inform economic and trade policies.
Key Facts
- India is the world's fifth-largest economy by nominal GDP.
- The Indian rupee has floated freely against other currencies since 1993.
- The rupee-dollar exchange rate is a key factor in India's trade and investment.
FAQs
Q: What does this economic trend measure?
A: The Indian Rupee, Annual series tracks the yearly average exchange rate between the Indian rupee and the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into India's international competitiveness, trade flows, and macroeconomic conditions, making it a key indicator for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve based on foreign exchange market quotations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess India's trade position, monitor inflation, and inform economic and trade policies.
Q: Are there update delays or limitations?
A: The Indian Rupee, Annual series is reported promptly by the Federal Reserve with no significant delays or limitations.
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INDFCNODCANUM
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Bank Deposits to GDP for India
DDOI02INA156NWDB
Liquid Liabilities (Broad Money) for India
DDOI07INA648NWDB
Number of Listed Companies for India
DDOM01INA644NWDB
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for India
QINNAM770A
Citation
U.S. Federal Reserve, Indian Rupee, Annual (NAEXKP04INA652S), retrieved from FRED.