International Merchandise Trade Statistics: Imports: Commodities for India
US dollars, exchange rate converted, Not Seasonally Adjusted
XTIMVA01INM667N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64,912,160,000.00
Year-over-Year Change
19.13%
Date Range
1/1/1990 - 4/1/2025
Summary
This economic trend measures the U.S. dollar exchange rate against a broad basket of major currencies, providing insights into the dollar's international purchasing power.
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 key indicator of the dollar's strength and competitiveness in global trade and financial markets. Economists and policymakers analyze this data to understand exchange rate dynamics and their impacts on exports, imports, and capital flows.
Methodology
The Federal Reserve calculates this index based on trade-weighted exchange rates for the U.S. dollar against the currencies of major U.S. trading partners.
Historical Context
The U.S. dollar exchange rate trend is closely monitored by financial markets, businesses, and government agencies to gauge the dollar's performance and competitiveness.
Key Facts
- The index is based on exchange rates for the U.S. dollar against the currencies of major U.S. trading partners.
- A higher index value indicates a stronger U.S. dollar relative to other currencies.
- The exchange rate trend can impact the price competitiveness of U.S. exports and imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the U.S. dollar exchange rate against a broad basket of major currencies, providing insights into the dollar's international purchasing power and competitiveness.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar exchange rate is a key indicator that economists and policymakers closely monitor to understand exchange rate dynamics and their impacts on trade, capital flows, and the overall economy.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index based on trade-weighted exchange rates for the U.S. dollar against the currencies of major U.S. trading partners.
Q: How is this trend used in economic policy?
A: The U.S. dollar exchange rate trend is closely watched by financial markets, businesses, and government agencies to gauge the dollar's performance and competitiveness, which can inform trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The U.S. dollar exchange rate data is published regularly by the Federal Reserve, with minimal update delays, providing timely insights for economic analysis and decision-making.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Not Seasonally Adjusted (XTIMVA01INM667N), retrieved from FRED.