FROM THE OFFICE OF PUBLIC AFFAIRS
November 3, 1999LS-203
The Treasury Department today released U.S. reserve assets data for the week ending October 29, 1999.
As this table indicates, U.S. reserve assets totaled $73,209 million as of October 29, 1999, down from $73,775 million as of October 22, 1999.
|
U.S. Reserve Assets (millions of U.S. dollars) |
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|
Week Ending |
Total Reserve Assets |
Gold Stock |
Special Drawing Rights |
Foreign Currencies ESF SOMA |
Reserve Position in IMF |
|
|
October 15, 1999 |
73,775 |
11,046 |
10,290 |
16,338 |
16,341 |
19,759 |
|
October 22, 1999 |
73,209 |
11,046 |
10,232 |
16,187 |
16,190 |
19,554 |
Notes:
Gold stock is valued monthly at $42.2222 per fine troy ounce. Values shown are as of August 31, 1999. The July 31, 1999 value was $11,048 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 October 22, 1999 are final. Data for SDR holdings and the reserve position in the IMF shown as of October 29, 1999 (in italics) reflect preliminary adjustments by the Treasury to the October 22, 1999 IMFdata.
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.