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For immediate release: Nov. 6, 2008

Atlanta Fed Discontinues Dollar Index

The Federal Reserve Bank of Atlanta today announced that it will cease publication of the bank's dollar index following the Jan. 7, 2009, release of the December 2008 data.

The Atlanta Fed's Dollar Index was first launched in 1986 and was last adjusted in 1999, following the launch of the euro. In evaluating updating the index again, the Atlanta Fed determined that the resulting index would largely duplicate other sources—most notably, the Board of Governors' G.5 and H.10 releases, which were revised several years ago and now closely resemble Atlanta's index—and thus chose to discontinue its index.

Information about the dollar index's calculation, as well as the historical data, will remain available on the Atlanta Fed's Web site. The historical data can be found at www.frbatlanta.org/dollarindex/user/dsp_index_menu.cfm, and information about the construction of the index is available at www.frbatlanta.org/filelegacydocs/acree.pdf.

The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia and portions of Louisiana, Mississippi and Tennessee. As part of the nation's central banking system, the Atlanta Fed participates in setting national monetary policy, supervises numerous commercial banks and provides a variety of financial services to depository institutions and the U.S. government.