FROM THE OFFICE OF PUBLIC AFFAIRS December 14, 1999LS-295
The Treasury Department today released U.S. reserve assets data for the week ending December 10, 1999. As this table indicates, U.S. reserve assets totaled $72,458 million as of December 10, 1999, up from $72,105 million as of December 3, 1999.
Notes: Gold stock is valued monthly at $42.2222 per fine troy ounce. Values shown are as of October 31,1999. The September 30, 1999 value was $11,047 million. Special Drawing Rights (SDR) holdings and the Reserve Position in the IMF are based on IMF data and revalued in dollar terms at the official SDR/dollar exchange rate. Consistent with current reporting practices, IMF data for December 3, 1999 are final. Data for SDR holdings and the reserve position in the IMF shown as of December 10, 1999 (in italics) reflect preliminary adjustments by the Treasury to the December 3, 1999 IMF data. Foreign Currencies includes holdings of the Treasury's Exchange Stabilization Fund (ESF) and the Federal Reserve's System Open Market Account (SOMA). These holdings are valued at current market exchange rates or, where appropriate, at such other rates as may be agreed upon by the parties to the transactions.
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