International Merchandise Trade Statistics: Imports: Commodities for India
Indian Rupee, Annual, Seasonally Adjusted
XTIMVA01INA664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59,864,480,000,000.00
Year-over-Year Change
129.55%
Date Range
1/1/1990 - 1/1/2024
Summary
The Indian Rupee, Annual, Seasonally Adjusted trend measures the yearly value of the Indian rupee, adjusted for seasonal fluctuations. This metric is closely watched by economists and policymakers to assess India's economic performance and currency stability.
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, Seasonally Adjusted trend provides a comprehensive view of the annual changes in the value of the Indian currency relative to other major global currencies. It is a key indicator used by analysts to evaluate India's international trade, foreign investment, and overall macroeconomic conditions.
Methodology
This data is collected and calculated by the U.S. Federal Reserve based on daily exchange rate observations.
Historical Context
The Indian rupee trend is a crucial data point for global markets, as it reflects India's economic competitiveness and investment climate.
Key Facts
- The Indian rupee is the official currency of India.
- India is the world's fifth-largest economy by nominal GDP.
- The rupee has experienced significant volatility in recent years.
FAQs
Q: What does this economic trend measure?
A: The Indian Rupee, Annual, Seasonally Adjusted trend measures the yearly value of the Indian currency, adjusted to account for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of India's economic performance and currency stability, which are important factors for global investors, policymakers, and trade partners.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on daily exchange rate observations.
Q: How is this trend used in economic policy?
A: The Indian rupee trend is closely monitored by policymakers and central banks to assess India's international competitiveness and guide decisions on trade, investment, and monetary policy.
Q: Are there update delays or limitations?
A: The Indian Rupee, Annual, Seasonally Adjusted data is published with a relatively short delay, typically within a few weeks of the end of the calendar year.
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Citation
U.S. Federal Reserve, Indian Rupee, Annual, Seasonally Adjusted (XTIMVA01INA664S), retrieved from FRED.