FROM THE OFFICE OF PUBLIC AFFAIRS
December 7, 1999LS-282
The Treasury Department today released U.S. reserve assets data for the week ending December 3, 1999.
As this table indicates, U.S. reserve assets totaled $72,120 million as of December 3, 1999, down from $72,410 million as of November 26, 1999.
|
U.S. Reserve Assets (millions of U.S. dollars) |
||||||
|
Week Ending |
Total Reserve Assets |
Gold Stock |
Special Drawing Rights |
Foreign Currencies ESF SOMA |
Reserve Position in IMF |
|
|
November 26, 1999 |
72,410 |
11,049 |
10,344 |
16,121 |
16,123 |
18,773 |
|
December 3, 1999 |
72,120 |
11,049 |
10,321 |
16,009 |
16,011 |
18,731 |
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 valued in dollar terms at the official SDR/dollar exchange rate. Consistent with current reporting practices, IMF data for November 26, 1999 are final. Data for SDR holdings and the reserve position in the IMF shown as of December 3, 1999 (in italics) reflect preliminary adjustments by the Treasury to the November 26, 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.