FROM THE OFFICE OF PUBLIC AFFAIRS September 28, 1999LS-127
The Treasury Department today released U.S. reserve assets data for the week ending September 24, 1999. As this table indicates, U.S. reserve assets totaled $73,461 million as of September 24, 1999, up from $72,768 million as of September 17, 1999.
Notes: Gold stock is valued monthly at $42.2222 per fine troy ounce. Values shown are as of July 31, 1999. The June 30, 1999 value was $11,046 million. Special Drawing Rights (SDR) holdings and the Reserve Position in the IMF are based on IMF data and valued in dollar terms at the official SDR/dollar exchange rate. Consistent with current reporting practices, IMF data for September 17, 1999 are final. Data for SDR holdings and the reserve position in the IMF shown as of September 24, 1999 (in italics) reflect preliminary adjustments by the Treasury to the September 17, 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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