IDEAS home Printed from
   My bibliography  Save this article

Revising the Atlanta Fed dollar index


  • Bryan Acree


For more than a decade the Federal Reserve Bank of Atlanta's trade-weighted dollar index has served as a summary statistic for foreign exchange movements of the dollar. Recent revisions acknowledging significant changes in the worldwide economy ensure that the index will continue to contribute valuable information into the future. ; One significant revision to the Atlanta Fed index is to include all eleven countries that adopted the euro on January 4, 1999. Other revisions take into account that the spread of market-based economics, together with deregulation and privatization in many developed and emerging markets, has totally reshaped the trade environment in which U.S. firms do business. Trade agreements like the North American Free Trade Agreement and the liberalization of financial flows have reduced many barriers to trade. Consequently, the revised index updates various countries' trade weights and introduces some important trading partners not included in the original formulation of the index, thereby enhancing its value as a summary statistic of the dollar's value. ; In addition to explaining the revisions and the rationale for construction of the Atlanta Fed currency index, the author discusses it in comparison with recently revised indexes created by the Federal Reserve Board of Governors and the Federal Reserve Bank of Dallas. He points out that users should seek out the index that provides measurements best suited to their needs.

Suggested Citation

  • Bryan Acree, 1999. "Revising the Atlanta Fed dollar index," Economic Review, Federal Reserve Bank of Atlanta, vol. 84(Q3), pages 40-51.
  • Handle: RePEc:fip:fedaer:y:1999:i:q3:p:40-51:n:v.84no.3

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Menzie Chinn, 2006. "A Primer on Real Effective Exchange Rates: Determinants, Overvaluation, Trade Flows and Competitive Devaluation," Open Economies Review, Springer, vol. 17(1), pages 115-143, January.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedaer:y:1999:i:q3:p:40-51:n:v.84no.3. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.