Balance of Payments: Other Investment: Assets (or Net Acquisition of Assets) for Saudi Arabia
US dollars, exchange rate converted
SAUB6FAOI02CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,760,647,000.00
Year-over-Year Change
-278.39%
Date Range
1/1/2006 - 7/1/2023
Summary
This economic indicator tracks the US dollar's exchange rate against a broad basket of foreign currencies. It is a widely watched measure of the dollar's international purchasing power and competitiveness.
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 US dollars, exchange rate converted series represents the weighted average of the foreign exchange value of the US dollar against a broad basket of foreign currencies. It is a key indicator for assessing the overall strength and international position of the US dollar.
Methodology
The data is calculated by the Federal Reserve using exchange rates and trade weights.
Historical Context
This exchange rate trend is closely monitored by policymakers, investors, and analysts to gauge the US dollar's performance and implications for trade, inflation, and economic growth.
Key Facts
- The index is set to 100 in 1997.
- It tracks the dollar against 26 currencies.
- The index rose over 40% from 2014 to 2022.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the weighted average foreign exchange value of the US dollar against a broad basket of foreign currencies.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a key indicator of the dollar's international purchasing power and competitiveness, with implications for trade, inflation, and economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve using exchange rates and trade weights.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and analysts closely monitor this exchange rate trend to gauge the US dollar's performance and its impacts on the broader economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with no significant delays.
Related Trends
Balance of Payments: Other Investment: Liabilities (or Net Incurrence of Liabilities) for Saudi Arabia
SAUB6FAOI03NCCUQ
Stock Market Turnover Ratio (Value Traded/Capitalization) for Saudi Arabia
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General Government Net Debt for Saudi Arabia
SAUGGNDGDPGDPPT
Number of Identified Exporters to Saudi Arabia from Nevada
NVSAUA475SCEN
Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for Saudi Arabia
QSANAMXDCU
Total Credit to Households and NPISHs, Unadjusted for Breaks, for Saudi Arabia
QSAHAMXDCU
Citation
U.S. Federal Reserve, US dollars, exchange rate converted (SAUB6FAOI02CXCUQ), retrieved from FRED.