International Merchandise Trade Statistics: Trade Balance: Commodities for India
US dollars, exchange rate converted, Monthly, Seasonally Adjusted
XTNTVA01INM667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-27,103,350,000.00
Year-over-Year Change
37.47%
Date Range
1/1/1990 - 4/1/2025
Summary
This economic trend measures the monthly exchange rate of the U.S. dollar against a trade-weighted basket of major foreign currencies, adjusted for seasonal variations.
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 crucial indicator of the dollar's relative strength and purchasing power in international trade and financial markets. Economists and policymakers closely monitor this trend to assess the competitiveness of U.S. exports and imports.
Methodology
The Federal Reserve calculates this index based on exchange rates between the U.S. dollar and the currencies of major U.S. trading partners.
Historical Context
The dollar exchange rate is a key factor in shaping monetary and trade policies.
Key Facts
- The index is based on exchange rates with over 25 currencies.
- The index has a base year of 2006.
- The index reached an all-time high in early 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly exchange rate of the U.S. dollar against a basket of major foreign currencies, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The dollar exchange rate is a crucial indicator of the dollar's strength and competitiveness, which has significant implications for trade, investment, and monetary policy.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index based on exchange rates between the U.S. dollar and the currencies of major U.S. trading partners.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the impact of exchange rate movements on the competitiveness of U.S. exports and imports, which informs trade and monetary policies.
Q: Are there update delays or limitations?
A: This data is released monthly by the Federal Reserve with a relatively short lag, providing timely information on the state of the U.S. dollar in global markets.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Seasonally Adjusted (XTNTVA01INM667S), retrieved from FRED.