International Statistics.3.10 U.S. INTERNATIONAL TRANSACTIONS Summary Millions of dollars; quarterly data seasonally adjusted Seasonally adjusted Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices/imports) so that relative comparisons can be drawn from month to month all year. except as noted(1)
Item credits or debits 1996 1997 1998
1 Balance on current
account -129,295 -143,465 -220,562
2 Balance on goods and
services -104,318 -104,730 -164,282
3 Exports 849,806 938,543 933,907
4 Imports -954,124 -1,043,273 -1,098,189
5 Income, net 17,210 3,231 -12,205
6 Investment, net 21,754 8,185 -6,956
7 Direct 67,746 69,220 59,405
8 Portfolio -45,992 -61,035 -66,361
9 Compensation of
employees -4,544 -4,954 -5,249
10 Unilateral current
transfers, net -42,187 -41,966 -44,075
11 Change in U.S. government
assets other than
official reserve assets,
net (increase, -) -989 68 -429
12 Change in U.S. official
reserve assets
(increase, -) 6,668 -1,010 -6,784
13 Gold 0 0 0
14 Special drawing rights
(SDRs) 370 -350 -149
15 Reserve position in
International Monetary
Fund -1,280 -3,575 -5,118
16 Foreign currencies 7,578 2,915 -1,517
17 Change in U.S. private
assets abroad
(increase -) -386,441 -464,354 -285,605
18 Bank-reported claims(3) -91,555 -144,822 -24,918
19 Nonbank-reported claims -86,333 -120,403 -25,041
20 U.S. purchases of foreign
securities, net -115,859 -89,174 -102,817
21 U.S. direct investments
abroad, net -92,694 -109,955 -132,829
22 Change in foreign official
assets in United States
(increase, +) 127,390 18,119 -21,684
23 U.S. Treasury securities 115,671 -6,690 -9,957
24 Other U.S. government
obligations 5,008 4,529 6,332
25 Other U.S. government
liabilities(3) -316 -1,798 -3,113
26 Other U.S. liabilities
reported by U.S.
banks(3) 5,704 22,286 -11,469
27 Other foreign official
assets(4) 1,323 -208 -3,477
28 Change in foreign private
assets in United States
(increase, +) 447,457 733,542 524,321
29 U.S. bank-reported
liabilities(2) 16,478 149,026 40,731
30 U.S. nonbank-reported
liabilities 39,404 107,779 9,412
31 Foreign private purchases
of U.S. Treasury
securities, net 154,996 146,433 46,155
32 U.S. currency flows 17,362 24,782 16,622
33 Foreign purchases of
other U.S. securities,
net 130,240 196,258 218,026
34 Foreign direct
investments in United
States, net 88,977 109,264 193,375
35 Capital account
transactions, net(5) 672 292 617
36 Discrepancy -65,462 -143,192 10,126
37 Due to seasonal
adjustment ... ... ...
38 Before seasonal
adjustment -65,462 -143,192 10,126
MEMO
Changes in official assets
39 U.S. official reserve
assets (increase, -) 6,668 -1,010 -6,784
40 Foreign official assets
in United States,
excluding line 25
(increase, +) 127,706 19,917 -18,571
41 Change in Organization of
Petroleum Exporting
Countries official
assets in United States
(part of line 22) 14,911 12,124 -11,499
1998
Item credits or debits
Q2 Q3 Q4
1 Balance on current
account -52,400 -63,476 -61,669
2 Balance on goods and
services -41,961 -45,724 -43,262
3 Exports 231,889 229,284 236,904
4 Imports -273,850 -275,008 -280,166
5 Income, net -553 -6,965 -4,933
6 Investment, net 735 -5,637 -3,571
7 Direct 16,177 11,834 14,558
8 Portfolio -15,442 -17,471 -18,129
9 Compensation of
employees -1,288 -1,328 -1,362
10 Unilateral current
transfers, net -9,886 -10,787 -13,474
11 Change in U.S. government
assets other than
official reserve assets,
net (increase, -) -483 185 -50
12 Change in U.S. official
reserve assets
(increase, -) -1,945 -2,026 -2,369
13 Gold 0 0 0
14 Special drawing rights
(SDRs) 72 188 -227
15 Reserve position in
International Monetary
Fund -1,031 -2,078 -1,924
16 Foreign currencies -986 -136 -218
17 Change in U.S. private
assets abroad
(increase -) -118,089 -60,256 -48,188
18 Bank-reported claims(3) -27,704 -33,344 37,192
19 Nonbank-reported claims -14,327 -20,320 16,202
20 U.S. purchases of foreign
securities, net -32,886 14,994 -70,809
21 U.S. direct investments
abroad, net -43,172 -21,586 -30,773
22 Change in foreign official
assets in United States
(increase, +) -10,551 -46,489 24,352
23 U.S. Treasury securities -20,318 -32,811 31,836
24 Other U.S. government
obligations 254 1,906 1,562
25 Other U.S. government
liabilities(3) -807 -224 -1,054
26 Other U.S. liabilities
reported by U.S.
banks(3) 9,488 -12,866 -7,133
27 Other foreign official
assets(4) 832 -2,494 -859
28 Change in foreign private
assets in United States
(increase, +) 173,017 140,036 125,453
29 U.S. bank-reported
liabilities(2) 34,138 77,313 -21,811
30 U.S. nonbank-reported
liabilities 18,040 11,875 -53,210
31 Foreign private purchases
of U.S. Treasury
securities, net 25,759 -1,438 24,391
32 U.S. currency flows 2,349 7,277 6,250
33 Foreign purchases of
other U.S. securities,
net 71,785 20,103 49,328
34 Foreign direct
investments in United
States, net 20,946 24,906 120,505
35 Capital account
transactions, net(5) 160 148 166
36 Discrepancy 10,291 31,878 -37,695
37 Due to seasonal
adjustment 528 -10,582 4,144
38 Before seasonal
adjustment 9,763 42,460 -41,839
MEMO
Changes in official assets
39 U.S. official reserve
assets (increase, -) -1,945 -2,026 -2,369
40 Foreign official assets
in United States,
excluding line 25
(increase, +) -9,744 -46,265 25,406
41 Change in Organization of
Petroleum Exporting
Countries official
assets in United States
(part of line 22) -657 -11,642 2,057
1999
Item credits or debits
Q1 Q2(p)
1 Balance on current
account -68,654 -80,673
2 Balance on goods and
services -53,974 -65,016
3 Exports 231,904 234,526
4 Imports -285,878 -299,542
5 Income, net -4,340 -4,382
6 Investment, net -2,946 -3,011
7 Direct 14,834 14,103
8 Portfolio -17,780 -17,114
9 Compensation of
employees -1,394 -1,371
10 Unilateral current
transfers, net -10,340 -11,275
11 Change in U.S. government
assets other than
official reserve assets,
net (increase, -) 119 -380
12 Change in U.S. official
reserve assets
(increase, -) 4,068 1,159
13 Gold 0 0
14 Special drawing rights
(SDRs) 563 -190
15 Reserve position in
International Monetary
Fund 3 1,413
16 Foreign currencies 3,502 -64
17 Change in U.S. private
assets abroad
(increase -) -19,335 -124,940
18 Bank-reported claims(3) 27,771 -37,082
19 Nonbank-reported claims -13,853 -26,429
20 U.S. purchases of foreign
securities, net 8,132 -26,387
21 U.S. direct investments
abroad, net -41,385 -35,042
22 Change in foreign official
assets in United States
(increase, +) 4,708 -986
23 U.S. Treasury securities 800 -6,708
24 Other U.S. government
obligations 5,993 5,792
25 Other U.S. government
liabilities(3) -1,594 -770
26 Other U.S. liabilities
reported by U.S.
banks(3) -589 1,202
27 Other foreign official
assets(4) 98 -502
28 Change in foreign private
assets in United States
(increase, +) 84,152 242,033
29 U.S. bank-reported
liabilities(2) -14,184 49,374
30 U.S. nonbank-reported
liabilities 20,188 -710
31 Foreign private purchases
of U.S. Treasury
securities, net -8,781 -5,517
32 U.S. currency flows 2,440 3,057
33 Foreign purchases of
other U.S. securities,
net 61,540 77,272
34 Foreign direct
investments in United
States, net 22,949 118,557
35 Capital account
transactions, net(5) 166 180
36 Discrepancy -5,224 -36,393
37 Due to seasonal
adjustment 5,264 582
38 Before seasonal
adjustment -10,488 -36,975
MEMO
Changes in official assets
39 U.S. official reserve
assets (increase, -) 4,068 1,159
40 Foreign official assets
in United States,
excluding line 25
(increase, +) 6,302 -216
41 Change in Organization of
Petroleum Exporting
Countries official
assets in United States
(part of line 22) 2,058 1,774
(1.) Seasonal factors are not calculated for lines 11-16, 18-20, 22-35, and 38-41. (2.) Reporting banks included all types of depository institutions Depository institution A financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions. as well as some brokers and dealers. (3.) Associated primarily with military sales contracts Sales Contract Contract between a seller and buyer for the sale of goods, services, or both. and other transactions arranged with or through foreign official agencies. (4.) Consists of investments in U.S. corporate stocks and in debt securities of private corporations and state and local governments. (5.) Consists of capital transfers (such as those of accompanying ac·com·pa·ny v. ac·com·pa·nied, ac·com·pa·ny·ing, ac·com·pa·nies v.tr. 1. To be or go with as a companion. 2. migrants entering or leaving the country and debt forgiveness Forgiveness Angelica, Suor is forgiven by the Virgin Mary for ill-considered suicide. [Ital. Opera: Puccini, Suor Angelica, Westerman, 364] Bishop of Digne ) and the acquisition and disposal of nonproduced nonfinancial assets Nonfinancial assets Physical assets such as real estate and machinery. . SOURCE. U.S. Department of Commerce, Bureau of Economic Analysis, Survey of Current Business. 3.11 U.S. FOREIGN TRADE(1)
Millions of dollars; monthly data seasonally adjusted
Item 1996 1997 1998
1 Goods and services, balance -104,318 -104,731 -164,282
2 Merchandise -191,270 -196,652 -246,932
3 Services 86,952 91,921 82,650
4 Goods and services, exports 849,806 938,543 933,907
5 Merchandise 612,057 679,715 670,246
6 Services 237,749 258,828 263,661
7 Goods and services, imports -954,124 -1,043,273 -1,098,189
8 Merchandise -803,327 -876,366 -917,178
9 Services -150,797 -166,907 -181,011
1999
Item
Jan.(r) Feb.(r) Mar.(r)
1 Goods and services, balance -18,515 -19,311 -18,787
2 Merchandise -25,172 -25,680 -25,334
3 Services 6,657 6,369 6,547
4 Goods and services, exports 77,025 77,047 78,113
5 Merchandise 54,704 54,326 55,269
6 Services 22,321 22,721 22,844
7 Goods and services, imports -95,540 -96,358 -96,900
8 Merchandise -79,876 -80,006 -80,603
9 Services -15,664 -16,352 -16,297
1999
Item
Apr.(r) May(r)
1 Goods and services, balance -21,390 -24,604
2 Merchandise -27,899 -31,179
3 Services 6,509 6,575
4 Goods and services, exports 77,978 78,623
5 Merchandise 55,121 55,472
6 Services 22,857 23,151
7 Goods and services, imports -99,368 -103,227
8 Merchandise -83,020 -86,651
9 Services -16,348 -16,576
1999
Item
June(r) July(p)
1 Goods and services, balance -24,886 -24,095
2 Merchandise -31,422 -30,584
3 Services 6,536 6,489
4 Goods and services, exports 79,122 82,027
5 Merchandise 55,890 58,782
6 Services 23,232 23,245
7 Goods and services, imports -104,008 -106,122
8 Merchandise -87,312 -89,366
9 Services -16,696 -16,756
(1.) Data show monthly values consistent with quarterly figures in the U.S. balance of payments accounts. SOURCE. FT900, U.S. Department of Commerce, Bureau of the Census Noun 1. Bureau of the Census - the bureau of the Commerce Department responsible for taking the census; provides demographic information and analyses about the population of the United States Census Bureau and Bureau of Economic Analysis. 3.12 U.S. RESERVE ASSETS Noun 1. reserve assets - capital held back from investment in order to meet probable or possible demands plural, plural form - the form of a word that is used to denote more than one
Millions of dollars, end of period
Asset 1996 1997 1998
1 Total 75,090 69,954 81,755
2 Gold stock, including Exchange
Stabilization Fund(1) 11,049 11,050 11,041
3 Special drawing rights(2,3) 10,312 10,027 10,603
4 Reserve position in
International Monetary
Fund(2) 15,435 18,071 24,111
5 Foreign currencies(4) 38,294 30,809 36,001
1999
Asset
Mar. Apr. May
1 Total 74,359 73,694 72,121
2 Gold stock, including Exchange
Stabilization Fund(1) 11,049 11,049 11,049
3 Special drawing rights(2,3) 9,682 9,634 9,784
4 Reserve position in
International Monetary
Fund(2) 23,231 23,054 21,689
5 Foreign currencies(4) 30,397 29,957 29,599
1999
Asset
June July Aug.
1 Total 71,689 73,305 72,649(r)
2 Gold stock, including Exchange
Stabilization Fund(1) 11,046 11,048 11,046(r)
3 Special drawing rights(2,3) 9,719 9,925 10,152
4 Reserve position in
International Monetary
Fund(2) 21,462 21,462 19,885
5 Foreign currencies(4) 29,462 30,870 31,566
1999
Asset
Sept. Oct.(p)
1 Total 73,414 73,228
2 Gold stock, including Exchange
Stabilization Fund(1) 11,047 11,047
3 Special drawing rights(2,3) 10,284 10,232
4 Reserve position in
International Monetary
Fund(2) 19,978 19,571
5 Foreign currencies(4) 32,105 32,378
(1.) Gold held "under earmark earmark taking a piece out of the edge or center of the ear with a punch as an identification mark. The shape of the mark may be registerable under local legislation. " at Federal Reserve Banks for foreign and international accounts is not included in the gold stock of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ; see table 3.13, line 3. Gold stock is valued at $42.22 per fine troy ounce Noun 1. troy ounce - a unit of apothecary weight equal to 480 grains or one twelfth of a pound apothecaries' ounce, ounce troy unit - any of the unit of the troy system of weights . (2.) Special drawing rights (SDRs) are valued according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a technique adopted by the International Monetary Fund (IMF IMF See: International Monetary Fund IMF See International Monetary Fund (IMF). ) in July July: see month. 1974. Values are based on a weighted average of exchange rates for the currencies of member countries. From July 1974 through December December: see month. 1980, sixteen currencies were used; since January January: see month. 1981, five currencies have been used. U.S. SDR See software defined radio. holdings and reserve positions in the IMF also have been valued on this basis since July 1974. (3.) Includes allocations of SDRs by the International Monetary Fund on Jan. I of the year indicated, as follows: 1970--$867 million; 1971--$717 million; 1972--$710 million: 1979-$1,139 million; 1980--$1,152 million; 1981--$1,093 million; plus net transactions in SDRs. (4.) Valued at current market exchange rates. 3.13 FOREIGN OFFICIAL ASSETS HELD AT FEDERAL RESERVE BANKS(1)
Millions of dollars, end of period
Asset 1996 1997 1998
1 Deposits 167 457 167
Held in custody
2 US Treasury securities(2) 638,049 620,885 607,574
3 Earmarked gold(3) 11,197 10,763 10,343
1999
Asset
Mar. Apr. May June
1 Deposits 166 260 157 409
Held in custody
2 US Treasury securities(2) 610,649 606,662 606,579 611,372
3 Earmarked gold(3) 10,347 10,340 10,340 10,329
1999
Asset
July Aug. Sept. Oct.(p)
1 Deposits 257 166 243 189
Held in custody
2 US Treasury securities(2) 619,004 626,669 634,086 621,351
3 Earmarked gold(3) 10,329 10,271 10,155 10,114
(1.) Excludes deposits and U.S. Treasury securities U.S. Treasury securities Interest-bearing obligations if the U.S. government issued by the U.S. Department of the Treasury as a means of borrowing money to meet government expenditures not covered by tax revenues. held for international and regional organizations. (2.) Marketable Marketable are securities that can be easily converted into cash. Such securities will generally have highly liquid markets allowing the security to be sold at a reasonable price very quickly. U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. bills, notes, and bonds and nonmarketable non·mar·ket·a·ble adj. 1. Of or relating to a security that may not be sold by one investor to another but is generally redeemable by the issuer within limitations; nonnegotiable. 2. U.S. Treasury securities, in each case measured at face (not market) value. (3.) Held in foreign and international accounts and valued at $42.22 per tine tine (tin) a prong or pointed projection on an implement, as on a fork. tine n. 1. The slender pointed end of an instrument, such as an explorer used in dentistry. 2. troy ounce: not included in the gold stock of the United States. 3.15 SELECTED U.S. LIABILITIES TO FOREIGN OFFICIAL INSTITUTIONS
Millions of dollars, end of period
Item 1997 1998
1 Total(1) 776,505 759,387
By type
2 Liabilities reported by
banks in the United States(2) 135,384 125,332
3 U.S. Treasury bills 148,301 134,177
and certificates(3)
U.S. Treasury bonds and notes
4 Marketable 428,004 432,127
5 Nonmarketable(4) 5,994 6,074
6 U.S. securities other
than U.S. Treasury securities(5) 58,822 61,677
By area
7 Europe(1) 252,289 256,026
8 Canada 36,177 36,715
9 Latin America and Caribbean 96,942 79,422
10 Asia 400,144 400,171
11 Africa 9,981 10,059
12 Other countries. 7,058 3,080
1999
Item
Feb. Mar. Apr.
1 Total(1) 765,480 765,689 766,569
By type
2 Liabilities reported by
banks in the United States(2) 127,989 124,743 135,791
3 U.S. Treasury bills 138,235 141,941 135,765
and certificates(3)
U.S. Treasury bonds and notes
4 Marketable 429,891 425,046 418,350
5 Nonmarketable(4) 6,151 6,191 6,231
6 U.S. securities other
than U.S. Treasury securities(5) 63,214 67,768 70,432
By area
7 Europe(1) 256,238 253,970 245,500
8 Canada 38,462 39,611 38,563
9 Latin America and Caribbean 75,986 72,828 81,379
10 Asia 408,606 412,353 414,051
11 Africa 9,838 9,906 9,656
12 Other countries. 2,436 3,107 3,506
1999
Item
May June
1 Total(1) 760,410 765,708(r)
By type
2 Liabilities reported by
banks in the United States(2) 124,270 126,180(r)
3 U.S. Treasury bills 136,199 138,518
and certificates(3)
U.S. Treasury bonds and notes
4 Marketable 421,573 421,970
5 Nonmarketable(4) 6,143 5,982
6 U.S. securities other
than U.S. Treasury securities(5) 72,225 73,058
By area
7 Europe(1) 242,386 241,989
8 Canada 38,181 39,001
9 Latin America and Caribbean 81,075 76,828
10 Asia 411,739 421,282
11 Africa 9,326 8,378(r)
12 Other countries. 3,789 4,316
1999
Item
July Aug.(p)
1 Total(1) 773,494(r) 782,575
By type
2 Liabilities reported by
banks in the United States(2) 125,873(r) 126,287
3 U.S. Treasury bills 147,492 153,499
and certificates(3)
U.S. Treasury bonds and notes
4 Marketable 420,197 422,590
5 Nonmarketable(4) 6,022 6,060
6 U.S. securities other
than U.S. Treasury securities(5) 73,910 74,139
By area
7 Europe(1) 240,546 243,334
8 Canada 39,147 39,342
9 Latin America and Caribbean 77,832(r) 75,406
10 Asia 430,050 438,300
11 Africa 8,376 8,122
12 Other countries. 3,629 4,157
(1.) Includes the Bank for International Settlements. (2.) Principally demand deposits, time deposits, bankers acceptances, commercial paper, negotiable NEGOTIABLE. That which is capable of being transferred by assignment; a thing, the title to which may be transferred by a sale and indorsement or delivery. 2. time certificates of deposit, and borrowings under repurchase agreements Repurchase agreement An agreement with a commitment by the seller (dealer) to buy a security back from the purchaser (customer) at a specified price at a designated future date. . (3.) Includes nonmarketable certificates of indebtedness INDEBTEDNESS. The state, of being in debt, without regard to the ability or inability of the party to pay the same. See 1 Story, Eq. 343; 2 Hill. Ab. 421. 2. and Treasury bills issued to official institutions of foreign countries. (4.) Excludes notes issued to foreign official nonreserve agencies. Includes current value of zero-coupon ze·ro-cou·pon adj. Paying no interest to the holder until maturity or sale: a zero-coupon bond. Treasury bond issues to foreign governments as follows: Mexico Mexico, city, Mexico Mexico or Mexico City, Span. Ciudad de México (Méjico), city (1990 pop. 8,236,960; 1991 met. area est. 20,899,000), central Mexico, capital and largest city of Mexico. , beginning March 1988, 20-year maturity issue and beginning March 1990, 30-year maturity issue; Venezuela Venezuela (vĕnəzwā`lə, Span. vānāswā`lä), officially the Bolivarian Republic of Venezuela, republic (2005 est. pop. 25,375,000), 352,143 sq mi (912,050 sq km), N South America. , beginning December 1990, 30-year maturity issue; Argentina Argentina (ärjəntē`nə, Span. ärhāntē`nä), officially Argentine Republic, republic (2005 est. pop. 39,538,000), 1,072,157 sq mi (2,776,889 sq km), S South America. , beginning April 1993, 30-year maturity issue. (5.) Debt securities of U.S. government corporations and federally sponsored agencies, and U.S. corporate stocks and bonds. SOURCE. Based on U.S. Department of the Treasury data and on data reported to the department by banks (including Federal Reserve Banks) and securities dealers in the United States, and on the 1994 benchmark A performance test of hardware and/or software. There are various programs that very accurately test the raw power of a single machine, the interaction in a single client/server system (one server/multiple clients) and the transactions per second in a transaction processing system. survey of foreign portfolio investment in the United States. 3.16 LIABILITIES TO, AND CLAIMS ON, FOREIGNERS Foreigners alienage the condition of being an alien. androlepsy Law. the seizure of foreign subjects to enforce a claim for justice or other right against their nation. gypsyologist, gipsyologist Rare. Reported by Banks in the United States(1) Payable in Foreign Currencies
Millions of dollars, end of period
Item 1995 1996 1997
1 Banks' liabilities 109,713 103,383 117,524
2 Banks' claims 74,016 66,018 83,038
3 Deposits 22,696 22,467 28,661
4 Other claims 51,320 43,551 54,377
5 Claims of banks'
domestic customers(2) 6,145 10,978 8,191
1998 1999
Item
Sept. Dec. Mar. June
1 Banks' liabilities 192,934 101,125 101,359 97,751
2 Banks' claims 67,901 78,152 80,642 67,864
3 Deposits 27,293 45,985 42,147 41,895
4 Other claims 40,608 32,167 38,495 25,969
5 Claims of banks'
domestic customers(2) 8,453 20,718 11,039 23,474
(1.) Data on claims exclude foreign currencies held by U.S. monetary authorities. (2.) Assets owned by customers of the reporting bank located in the United States that represent claims on foreigners held by reporting banks for the accounts of the domestic customers. [TABULAR tab·u·lar adj. 1. Having a plane surface; flat. 2. Organized as a table or list. 3. Calculated by means of a table. tabular resembling a table. DATA 3.17 NOT REPRODUCIBLE re·pro·duce v. re·pro·duced, re·pro·duc·ing, re·pro·duc·es v.tr. 1. To produce a counterpart, image, or copy of. 2. Biology To generate (offspring) by sexual or asexual means. IN ASCII ASCII or American Standard Code for Information Interchange, a set of codes used to represent letters, numbers, a few symbols, and control characters. Originally designed for teletype operations, it has found wide application in computers. ] 3.18 BANKS' OWN CLAIMS ON FOREIGNERS Reported by Banks in the United States(1) Payable in U.S. Dollars
Millions of dollars, end of period
Area or country 1996 1997 1998
1 Total, all foreigners 599,925 708,225 735,124
2 Foreign countries 597,321 705,762 731,507
3 Europe 165,769 199,880 233,362
4 Austria 1,662 1,354 1,043
5 Belgium and Luxembourg 6,727 6,641 7,187
6 Denmark 492 980 2,383
7 Finland 971 1,233 1,070
8 France 15,246 16,239 15,251
9 Germany 8,472 12,676 15,922
10 Greece 568 402 575
11 Italy 6,457 6,230 7,283
12 Netherlands 7,117 6,141 5,734
13 Norway 808 555 827
14 Portugal 418 777 669
15 Russia 1,669 1,248 789
16 Spain 3,211 2,942 5,735
17 Sweden 1,739 1,854 4,223
18 Switzerland 19,798 28,846 46,880
19 Turkey 1,109 1,558 1,982
20 United Kingdom 85,234 103,143 106,349
21 Yugoslavia(2) 115 52 53
22 Other Europe and other 3,956 7,009 9,407
former U.S.S.R.(3)
23 Canada 26,436 27,189 47,212
24 Latin America 274,153 343,730 342,564
and Caribbean
25 Argentina 7,400 8,924 9,553
26 Bahamas 71,871 89,379 96,455
27 Bermuda 4,129 8,782 4,969
28 Brazil 17,259 21,696 16,193
29 British West Indies 105,510 145,471 153,752
30 Chile 5,136 7,913 8,261
31 Colombia 6,247 6,945 6,523
32 Cuba 0 0 0
33 Ecuador 1,031 1,311 1,400
34 Guatemala 620 886 1,127
35 Jamaica 345 424 239
36 Mexico 18,425 19,428 21,143
37 Netherlands Antilles 25,209 17,838 6,779
38 Panama 2,786 4,364 3,584
39 Peru 2,720 3,491 3,260
40 Uruguay 589 629 1,126
41 Venezuela 1,702 2,129 3,089
42 Other 3,174 4,120 5,111
43 Asia 122,478 125,092 98,616
China
44 Mainland 1,401 1,579 1,311
45 Taiwan 1,894 922 1,041
46 Hong Kong 12,802 13,991 9,080
47 India 1,946 2,200 1,440
48 Indonesia 1,762 2,651 1,954
49 Israel 633 768 1,166
50 Japan 59,967 59,549 46,712
51 Korea (South) 18,901 18,162 8,238
52 Philippines 1,697 1,689 1,465
53 Thailand 2,679 2,259 1,806
54 Middle Eastern oil- 10,424 10,790 16,130
exporting
countries(4)
55 Other 8,372 10,532 8,273
56 Africa 2,776 3,530 3,122
57 Egypt 247 247 257
58 Morocco 524 511 372
59 South Africa 584 805 643
50 Zaire 0 0 0
51 Oil-exporting 420 1,212 936
countries(5)
52 Other 1,001 755 914
53 Other 5,709 6,341 6,631
54 Australia 4,577 5,300 6,167
55 Other 1,132 1,041 464
56 Nonmonetary 2,604 2,463 3,617
international
and regional
organizations(6)
1999
Area or country
Feb. Mar. Apr.
1 Total, all foreigners 712,828 710,790 735,899
2 Foreign countries 707,402 706,170 730,646
3 Europe 230,307 226,441 236,306
4 Austria 1,824 2,759 2,389
5 Belgium and Luxembourg 7,073 5,451 7,533
6 Denmark 1,656 1,619 2,297
7 Finland 1,233 1,351 1,349
8 France 18,583 15, 187 15,942
9 Germany 16,362 16,879 17,188
10 Greece 637 554 651
11 Italy 5,714 6,035 6,727
12 Netherlands 6,048 6,690 7,251
13 Norway 561 596 970
14 Portugal 888 1,205 1,060
15 Russia 723 971 787
16 Spain 4,260 3,041 2,949
17 Sweden 4,664 4,439 4,141
18 Switzerland 50,905 51,677 48,477
19 Turkey 1,871 2,078 1,943
20 United Kingdom 97,422 97,275 105,246
21 Yugoslavia(2) 54 54 55
22 Other Europe and other 9,829 8,580 9,351
former U.S.S.R.(3)
23 Canada 40,801 41,264 40,756
24 Latin America 340,678 341,434 365,120
and Caribbean
25 Argentina 10,184 10,399 10,075
26 Bahamas 91,104 88,639 84,023
27 Bermuda 6,033 4,096 4,426
28 Brazil 15,357 15,143 14,788
29 British West Indies 155,326 162,867 193,306
30 Chile 8,085 8,082 7,810
31 Colombia 6,462 6,222 6,105
32 Cuba 0 0 0
33 Ecuador 1,341 1,219 1,135
34 Guatemala 1,255 1,052 1,062
35 Jamaica 602 318 326
36 Mexico 21,564 20,532 19,434
37 Netherlands Antilles 6,571 6,661 5,711
38 Panama 3,390 3,320 4,329
39 Peru 3,353 3,232 3,111
40 Uruguay 934 838 772
41 Venezuela 3,684 3,506 3,138
42 Other 5,433 5,308 5,569
43 Asia 86,492 88,048 79,232
China
44 Mainland 2,400 3,398 3,461
45 Taiwan 778 1,331 866
46 Hong Kong 6,806 8,014 6,309
47 India 1,529 1,701 1,703
48 Indonesia 2,110 1,897 1,911
49 Israel 774 1,082 803
50 Japan 39,141 39,971 32,639
51 Korea (South) 8,479 9,119 11,119
52 Philippines 1,589 1,540 1,546
53 Thailand 1,708 1,720 1,732
54 Middle Eastern oil- 12,815 12,151 11,669
exporting
countries(4)
55 Other 8,363 6,124 5,474
56 Africa 3,087 2,938 2,688
57 Egypt 264 260 228
58 Morocco 361 422 463
59 South Africa 933 798 567
50 Zaire 0 0 0
51 Oil-exporting 625 325 257
countries(5)
52 Other 904 1,133 1,173
53 Other 6,037 6,045 6,544
54 Australia 5,367 5,638 6,060
55 Other 670 407 484
56 Nonmonetary 5,426 4,620 5,253
international
and regional
organizations(6)
1999
Area or country
May June
1 Total, all foreigners 750,505 750,424(r)
2 Foreign countries 746,018 746,351(r)
3 Europe 265,798 299,977(r)
4 Austria 2,902 2,514
5 Belgium and Luxembourg 9,811 10,028
6 Denmark 2,141 1,901
7 Finland 1,480 1,730
8 France 15,800 18,253
9 Germany 18,367 20,793
10 Greece 585 551(r)
11 Italy 6,434 6,783
12 Netherlands 8,588 8,724
13 Norway 753 717
14 Portugal 1,134 1,122
15 Russia 1,016 768
16 Spain 4,516 6,178
17 Sweden 2,950 3,005
18 Switzerland 65,498 75,553
19 Turkey 1,918 2,281
20 United Kingdom 112,945 130,857(r)
21 Yugoslavia(2) 54 54
22 Other Europe and other 8,906 8,165
former U.S.S.R.(3)
23 Canada 41,116 37,071
24 Latin America 352,479 326,012
and Caribbean
25 Argentina 10,318 10,772
26 Bahamas 78,480 71,993
27 Bermuda 6,276 6,111
28 Brazil 14,891 14,858
29 British West Indies 184,928 166,497
30 Chile 7,545 7,531
31 Colombia 5,877 5,570
32 Cuba 0 0
33 Ecuador 1,104 1,061
34 Guatemala 1,157 1,032
35 Jamaica 327 303
36 Mexico 19,314 18,633
37 Netherlands Antilles 5,867 5,483
38 Panama 3,298 3,351
39 Peru 3,053 2,974
40 Uruguay 724 1,050
41 Venezuela 3,245 3,479
42 Other 6,075 5,314
43 Asia 77,631 74,692
China
44 Mainland 3,006 3,745
45 Taiwan 763 870
46 Hong Kong 4,977 7,102
47 India 1,458 1,568
48 Indonesia 2,061 1,760
49 Israel 1,236 1,955
50 Japan 30,596 27,093
51 Korea (South) 12,326 11,317
52 Philippines 1,808 1,669
53 Thailand 1,623 1,850
54 Middle Eastern oil- 10,569 10,127
exporting
countries(4)
55 Other 7,208 5,636
56 Africa 2,448 2,629
57 Egypt 221 241
58 Morocco 444 454
59 South Africa 640 724
50 Zaire 0 0
51 Oil-exporting 288 340
countries(5)
52 Other 855 870
53 Other 6,546 5,970
54 Australia 6,093 5,636
55 Other 453 334
56 Nonmonetary 4,487 4,073
international
and regional
organizations(6)
1999
Area or country
July Aug.(p)
1 Total, all foreigners 720,129 730,014
2 Foreign countries 715,722 727,156
3 Europe 292,697 305,067
4 Austria 3,855 3,080
5 Belgium and Luxembourg 9,214 7,463
6 Denmark 1,763 1,440
7 Finland 2,197 1,915
8 France 19,944 18,970
9 Germany 23,965 23,556
10 Greece 628 659
11 Italy 7,451 7,747
12 Netherlands 9,334 10,133
13 Norway 821 583
14 Portugal 1,056 1,222
15 Russia 831 782
16 Spain 4,606 3,700
17 Sweden 3,199 4,082
18 Switzerland 66,927 71,871
19 Turkey 2,220 2,260
20 United Kingdom 125,261 137,636
21 Yugoslavia(2) 50 49
22 Other Europe and other 9,375 7,919
former U.S.S.R.(3)
23 Canada 31,537 31,698
24 Latin America 311,673 310,134
and Caribbean
25 Argentina 10,492 10,260
26 Bahamas 77,048 77,806
27 Bermuda 7,813 9,731
28 Brazil 14,577 13,802
29 British West Indies 146,862 137,104
30 Chile 7,153(r) 6,900
31 Colombia 5,590(r) 5,046
32 Cuba 0 0
33 Ecuador 985 889
34 Guatemala 1,075 1,066
35 Jamaica 311 322
36 Mexico 18,977 17,821
37 Netherlands Antilles 5,101 14,020
38 Panama 3,064 2,899
39 Peru 2,710 2,516
40 Uruguay 1,105 1,049
41 Venezuela 3,501 3,460
42 Other 5,309 5,443
43 Asia 72,240 72,942
China
44 Mainland 3,144(r) 2,758
45 Taiwan 904(r) 937
46 Hong Kong 5,333 4,969
47 India 1,708 1,728
48 Indonesia 1,791 1,711
49 Israel 1,433 1,669
50 Japan 25,900 26,226
51 Korea (South) 12,753 12,194
52 Philippines 1,380 1,279
53 Thailand 1,683 1,549
54 Middle Eastern oil- 9,396 10,906
exporting
countries(4)
55 Other 6,815 7,016
56 Africa 2,499 2,178
57 Egypt 252 209
58 Morocco 431 444
59 South Africa 598 449
50 Zaire 0 0
51 Oil-exporting 297 280
countries(5)
52 Other 921 796
53 Other 5,076 5,137
54 Australia 4,811 4,907
55 Other 265 230
56 Nonmonetary 4,407 2,858
international
and regional
organizations(6)
(1.) Reporting banks include all types of depository institutions as well as some brokers and dealers. (2.) Since December 1992, has excluded Bosnia, Croatia Croatia (krōā`shə), Croatian Hrvatska, officially Republic of Croatia, republic (2005 est. pop. 4,496,000), 21,824 sq mi (56,524 sq km), in the northwest corner of the Balkan Peninsula. , and Slovenia Slovenia (slōvē`nēə), Slovene Slovenija, officially Republic of Slovenia, republic (2005 est. pop. 2,011,000), 7,817 sq mi (20,246 sq km). . (3.) Includes the Bank for International Settlements. Since December 1992, has included all parts of the former U.S.S.R. (except Russia Russia, officially the Russian Federation, Rus. Rossiya, republic (2005 est. pop. 143,420,000), 6,591,100 sq mi (17,070,949 sq km). ), and Bosnia, Croatia, and Slovenia. (4.) Comprises Bahrain Bahrain or Bahrein (both: bärān`, bə–), officially Kingdom of Bahrain, constitutional monarchy and archipelago (2005 est. pop. 688,300), 266 sq mi (689 sq km), in the Persian Gulf. , Iran, Iraq Iraq or Irak (both: ēräk`, ĭrăk`), officially Republic of Iraq, republic (2005 est. pop. 26,075,000), 167,924 sq mi (434,924 sq km), SW Asia. , Kuwait Kuwait (k  wīt`, –wāt) or Kowait (kō`–), officially State of Kuwait, independent sheikhdom (2005 est. pop. , Oman Oman (ōmän`), officially Sultanate of Oman, independent sultanate (2005 est. pop. 3,002,000), c.82,000 sq mi (212,380 sq km), SE Arabian peninsula, on the Gulf of Oman and the Arabian Sea. It was formerly known as Muscat and Oman. , Qatar Qatar or Katar (both: kŭ`tər, gŭ–, kətär`), officially State of Qatar, independent emirate (2005 est. pop. 863,000), c. , Saudi
Arabia Saudi Arabia (sä `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. , and United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. (Trucial States Trucial States: see United Arab Emirates. ).(5.) Comprises Algeria Algeria (ăljēr`ēə), Arab. Al Djazair, Fr. Algérie, officially People's Democratic Republic of Algeria, republic (2005 est. pop. , Gabon Gabon (gäbôN`), officially Gabonese Republic, republic (2005 est. pop. 1,389,000), 103,346 sq mi (267,667 sq km), W central Africa. It borders on the Atlantic Ocean in the west, on Equatorial Guinea and Cameroon in the north, and on Congo , Libya Libya (lĭb`ēə), officially Great Socialist People's Libyan Arab Jamahirya [state of the masses], republic (2005 est. pop. 5,766,000), 679,358 sq mi (1,759,540 sq km), N Africa. , and Nigeria Nigeria (nījĭr`ēə), officially Federal Republic of Nigeria, republic (2006 provisional pop. 140,003,542), 356,667 sq mi (923,768 sq km), W Africa. . (6.) Excludes the Bank for International Settlements, which is included in "Other Europe Europe (y r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). ."3.19 BANKS' OWN AND DOMESTIC CUSTOMERS' CLAIMS ON FOREIGNERS Reported by Banks in the United States(1) Payable in U.S. Dollars
Millions of dollars, end of period
1999
Type of claim 1996 1997 1998
1 Total 743,919 852,852 875,986
2 Banks' claims 599,925 708,225 735,124
3 Foreign public borrowers 22,216 20,581 23,572
4 Own foreign offices(2) 341,574 431,685 484,456
5 Unaffiliated foreign banks 113,682 109,230 106,087
6 Deposits 33,826 30,995 27,208
7 Other 79,856 78,235 78,879
8 All other foreigners 122,453 146,729 121,009
9 Claims of banks'
domestic customers(3) 143,994 144,627 140,862
10 Deposits 77,657 73,110 78,491
11 Negotiable and readily
transferable instruments(4) 51,207 53,967 48,752
12 Outstanding collections
and other claims 15,130 17,550 13,619
MEMO
13 Customer liability on
acceptances 10,388 9,624 4,519
14 Dollar deposits in banks
abroad, reported by
nonbanking business
enterprises in the
United States(5) 39,661 33,816 39,978
1999
Type of claim
Feb. Mar. Apr.
1 Total ... 862,754 ...
2 Banks' claims 712,828 710,790 735,899
3 Foreign public borrowers 31,515 34,773 35,807
4 Own foreign offices(2) 461,705 467,948 485,347
5 Unaffiliated foreign banks 102,561 93,813 93,591
6 Deposits 29,406 25,070 23,979
7 Other 73,155 68,743 69,612
8 All other foreigners 117,047 114,256 121,154
9 Claims of banks'
domestic customers(3) ... 151,964 ...
10 Deposits ... 91,380 ...
11 Negotiable and readily
transferable instruments(4) ... 47,990 ...
12 Outstanding collections
and other claims ... 12,594 ...
MEMO
13 Customer liability on
acceptances ... 4,485 ...
14 Dollar deposits in banks
abroad, reported by
nonbanking business
enterprises in the
United States(5) 39,055 33,038 33,474
1999
Type of claim
May June(r)
1 Total ... 897,993
2 Banks' claims 750,505 750,424
3 Foreign public borrowers 36,634 37,336
4 Own foreign offices(2) 492,109 488,744
5 Unaffiliated foreign banks 99,765 104,077
6 Deposits 25,251 24,270
7 Other 74,514 79,807
8 All other foreigners 121,997 120,267
9 Claims of banks'
domestic customers(3) ... 147,569
10 Deposits ... 93,597
11 Negotiable and readily
transferable instruments(4) ... 43,616
12 Outstanding collections
and other claims ... 10,356
MEMO
13 Customer liability on
acceptances ... 4,437
14 Dollar deposits in banks
abroad, reported by
nonbanking business
enterprises in the
United States(5) 31,210 29,165
1999
Type of claim
July(r) Aug.(p)
1 Total ... ...
2 Banks' claims 720,129 730,014
3 Foreign public borrowers 38,457 35,391
4 Own foreign offices(2) 460,218 457,526
5 Unaffiliated foreign banks 99,724 109,156
6 Deposits 24,979 24,029
7 Other 74,745 85,127
8 All other foreigners 121,730 127,941
9 Claims of banks'
domestic customers(3) ... ...
10 Deposits ... ...
11 Negotiable and readily
transferable instruments(4) ... ...
12 Outstanding collections
and other claims ... ...
MEMO
13 Customer liability on
acceptances ... ...
14 Dollar deposits in banks
abroad, reported by
nonbanking business
enterprises in the
United States(5) 32,857 32,336
(1.) For banks' claims, data are monthly; for claims of banks' domestic customers, data are for quarter ending with month indicated. Reporting banks include all types of depository institution as well as some brokers and dealers. (2.) For U.S. banks, includes amounts due from own foreign branches and foreign subsidiaries consolidated con·sol·i·date v. con·sol·i·dat·ed, con·sol·i·dat·ing, con·sol·i·dates v.tr. 1. To unite into one system or whole; combine: in quarterly Consolidated Reports of Condition filed with bank regulatory agencies regulatory agency Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. . For agencies, branches, and majority-owned subsidiaries majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. of foreign banks, consists principally of amounts due from the head office or parent foreign bank, and from foreign branches, agencies, or wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the head office or parent foreign bank. (3.) Assets held by reporting banks in the accounts of their domestic customers. (4.) Principally negotiable time certificates of deposit, bankers acceptances, and commercial paper. (5.) Includes demand and time deposits and negotiable and nonnegotiable non·ne·go·tia·ble adj. 1. Difficult or impossible to settle by arbitration, mediation, or mutual concession: a nonnegotiable demand. 2. Nonmarketable. certificates of deposit denominated in U.S. dollars issued by banks abroad. 3.20 BANKS' OWN CLAIMS ON UNAFFILIATED FOREIGNERS Reported by Banks in the United States(1) Payable in U.S. Dollars
Millions of dollars, end of period
Maturity, by
borrower and area(2) 1995 1996 1997
1 Total 224,932 258,106 276,550
By borrower
2 Maturity of one year or less 178,857 211,859 205,781
3 Foreign public borrowers 14,995 15,411 12,081
4 All other foreigners 163,862 196,448 193,700
5 Maturity of more than one year 46,075 46,247 70,769
6 Foreign public borrowers 7,522 6,790 8,499
7 All other foreigners 38,553 39,457 62,270
By area
Maturity of one year or less
8 Europe 55,622 55,690 58,294
9 Canada 6,751 8,339 9,917
10 Latin America and Caribbean 72,504 103,254 97,207
11 Asia 40,296 38,078 33,964
12 Africa 1,295 1,316 2,211
13 All other(3) 2,389 5,182 4,188
Maturity of more than one year
14 Europe 4,995 6,965 13,240
15 Canada 2,751 2,645 2,525
16 Latin America and Caribbean 27,681 24,943 42,049
17 Asia 7,941 9,392 10,235
18 Africa 1,421 1,361 1,236
19 All other(3) 1,286 941 1,484
1998
Maturity, by
borrower and area(2)
Sept. Dec.
1 Total 281,342 250,547
By borrower
2 Maturity of one year or less 208,710 186,653
3 Foreign public borrowers 14,842 13,699
4 All other foreigners 193,868 172,954
5 Maturity of more than one year 72,632 63,894
6 Foreign public borrowers 10,926 9,840
7 All other foreigners 61,706 54,054
By area
Maturity of one year or less
8 Europe 68,980 68,684
9 Canada 8,795 10,947
10 Latin America and Caribbean 100,161 81,911
11 Asia 22,320 18,005
12 Africa 1,762 1,835
13 All other(3) 6,692 5,271
Maturity of more than one year
14 Europe 15,264 14,923
15 Canada 2,982 3,140
16 Latin America and Caribbean 39,165 33,443
17 Asia 12,147 10,018
18 Africa 1,170 1,233
19 All other(3) 1,904 1,137
1999
Maturity, by
borrower and area(2)
Mar. June(p)
1 Total 242,463 259,219
By borrower
2 Maturity of one year or less 175,490 186,868
3 Foreign public borrowers 20,921 24,558
4 All other foreigners 154,569 162,310
5 Maturity of more than one year 66,973 72,351
6 Foreign public borrowers 13,290 11,657
7 All other foreigners 53,683 60,694
By area
Maturity of one year or less
8 Europe 66,887 84,731
9 Canada 7,816 6,690
10 Latin America and Caribbean 71,214 65,853
11 Asia 21,347 21,957
12 Africa 1,571 1,543
13 All other(3) 6,655 6,094
Maturity of more than one year
14 Europe 16,949 18,754
15 Canada 2,781 3,276
16 Latin America and Caribbean 33,539 36,902
17 Asia 10,972 10,471
18 Africa 1,160 1,105
19 All other(3) 1,572 1,843
(1.) Reporting banks include all types of depository institutions, as well as some brokers and dealers. (2.) Maturity is time remaining until maturity. (3.) Includes nonmonetary international and regional organizations. 3.21 CLAIMS ON FOREIGN COUNTRIES Held by U.S. and Foreign Offices of U.S. Banks(1)
Billions of dollars, end of period
1997
Area or country 1995 1996
June Sept. Dec.
1 Total 551.9 645.3 678.8 711.0 719.3
2 G-10 countries
and Switzerland 206.0 228.3 250.0 247.8 242.8
3 Belgium and Luxembourg 13.6 11.7 9.4 11.4 11.0
4 France 19.4 16.6 17.9 20.2 15.4
5 Germany 27.3 29.8 34.1 34.7 28.6
6 Italy 11.5 16.0 20.2 19.3 15.5
7 Netherlands 3.7 4.0 6.4 7.2 6.2
8 Sweden 2.7 2.6 3.6 4.1 3.3
9 Switzerland 6.7 5.3 5.4 4.8 7.2
10 United Kingdom 82.4 104.7 110.6 108.3 113.4
11 Canada 10.3 14.0 15.7 15.1 13.7
12 Japan 28.5 23.7 26.8 22.6 28.6
13 Other industrialized
countries 50.2 65.7 71.7 73.8 64.5
14 Austria .9 1.1 1.5 1.7 1.5
15 Denmark 2.6 1.5 2.8 3.7 2.4
16 Finland .8 .8 1.4 1.9 1.3
17 Greece 5.7 6.7 6.1 6.2 5.1
18 Norway 3.2 8.0 4.7 4.6 3.6
19 Portugal 1.3 .9 1.1 1.4 .9
20 Spain 11.6 13.2 15.4 13.9 11.7
21 Turkey 1.9 2.7 3.4 4.4 4.5
22 Other Western Europe 4.7 4.7 5.5 6.1 8.2
23 South Africa 1.2 2.0 1.9 1.9 2.2
24 Australia 16.4 24.0 27.8 28.0 23.1
25 OPEC(2) 22.1 19.7 22.3 22.9 26.0
26 Ecuador .7 1.1 .9 1.2 1.3
27 Venezuela 2.7 2.4 2.1 2.2 2.5
28 Indonesia 4.8 5.2 5.6 6.5 6.7
29 Middle East countries 13.3 10.7 12.5 11.8 14.4
30 African countries .6 .4 1.2 1.1 1.2
31 Non-OPEC developing
countries 112.6 130.3 140.6 137.0 138.7
Latin America
32 Argentina 12.9 14.3 16.4 17.1 18.4
33 Brazil 13.7 20.7 27.3 26.1 28.6
34 Chile 6.8 7.0 7.6 8.0 8.7
35 Colombia 2.9 4.1 3.3 3.4 3.4
36 Mexico 17.3 16.2 16.6 16.4 17.4
37 Peru .8 1.6 1.4 1.8 2.0
38 Other 2.8 3.3 3.4 3.6 4.1
Asia
China
39 Mainland 1.8 2.5 3.6 4.3 3.2
40 Taiwan 9.4 10.3 10.6 9.7 9.0
41 India 4.4 4.3 5.3 4.9 4.9
42 Israel .5 .5 .8 1.0 .7
43 Korea (South) 19.1 21.5 16.3 16.2 15.6
44 Malaysia 4.4 6.0 6.4 5.6 5.1
45 Philippines 4.1 5.8 7.0 5.7 5.7
46 Thailand 4.9 5.7 7.3 6.2 5.4
47 Other Asia 4.5 4.1 4.7 4.5 4.3
Africa
48 Egypt .4 .7 1.1 .9 .9
49 Morocco .7 .7 .7 .7 .6
50 Zaire .0 .1 .0 .0 .0
51 Other Africa(3) .9 .9 .9 .9 .8
52 Eastern Europe 4.2 6.9 7.1 9.8 9.1
53 Russia(4) 1.0 3.7 4.2 5.1 5.1
54 Other 3.2 3.2 2.9 4.7 4.0
55 Offshore banking centers 99.2 134.7 129.6 138.9 139.0
56 Bahamas 11.0 20.3 16.1 19.8 23.3
57 Bermuda 6.3 4.5 7.9 9.8 9.8
58 Cayman Islands
and other
British West
Indies 32.4 37.2 35.1 45.7 43.4
59 Netherlands Antilles 10.3 26.1 15.8 21.7 14.6
60 Panama(5) 1.4 2.0 2.6 2.1 3.1
61 Lebanon .1 .1 .1 .1 .1
62 Hong Kong, China 25.0 27.9 35.2 27.2 32.2
63 Singapore 13.1 16.7 16.7 12.7 12.7
64 Other(6) .1 .3 .1 .1
65 Miscellaneous and
unallocated(7) 57.6 59.6 57.6 80.8 99.1
1998
Area or country
Mar. June Sept. Dec.
1 Total 739.1 749.7 738.9 714.1
2 G-10 countries
and Switzerland 249.0 278.3 268.3 255.8
3 Belgium and Luxembourg 11.2 16.2 15.1 13.4
4 France 15.5 20.5 19.9 18.4
5 Germany 25.5 28.8 28.9 31.1
6 Italy 19.7 19.5 18.0 11.5
7 Netherlands 7.3 8.3 8.1 7.9
8 Sweden 4.8 3.1 2.2 2.3
9 Switzerland 5.6 6.9 7.5 8.3
10 United Kingdom 120.1 134.9 130.4 121.5
11 Canada 13.5 16.5 15.6 16.7
12 Japan 25.8 23.7 22.8 24.7
13 Other industrialized
countries 74.3 72.1 71.6 68.5
14 Austria 1.7 1.9 2.1 1.4
15 Denmark 2.0 2.1 2.8 2.2
16 Finland 1.5 1.4 1.6 1.5
17 Greece 6.1 5.8 5.8 6.0
18 Norway 4.0 3.4 3.3 3.2
19 Portugal .7 1.3 1.1 1.3
20 Spain 16.5 15.2 17.5 13.6
21 Turkey 4.9 6.5 5.2 4.8
22 Other Western Europe 9.9 9.6 10.3 10.6
23 South Africa 3.7 5.0 3.7 3.5
24 Australia 23.2 20.0 18.2 20.3
25 OPEC(2) 25.7 25.3 25.9 27.1
26 Ecuador 1.3 1.2 1.2 1.2
27 Venezuela 3.3 3.2 3.1 3.2
28 Indonesia 5.5 5.1 4.7 4.8
29 Middle East countries 14.3 15.5 16.1 17.0
30 African countries 1.4 .3 .8 1.0
31 Non-OPEC developing
countries 147.4 141.7 140.6 147.9
Latin America
32 Argentina 19.3 20.2 22.3 22.3
33 Brazil 32.4 27.2 24.9 24.2
34 Chile 9.0 9.1 9.3 8.3
35 Colombia 3.3 3.6 3.4 3.2
36 Mexico 17.7 17.9 18.4 25.3
37 Peru 2.1 2.2 2.2 2.2
38 Other 4.0 4.4 4.6 5.4
Asia
China
39 Mainland 4.2 3.9 2.8 3.0
40 Taiwan 11.7 11.3 12.2 12.8
41 India 5.0 4.9 5.3 5.3
42 Israel .7 .9 .9 1.1
43 Korea (South) 16.2 14.5 12.9 13.7
44 Malaysia 4.5 4.7 5.1 5.7
45 Philippines 5.0 5.4 4.7 5.1
46 Thailand 5.5 4.9 5.3 4.6
47 Other Asia 4.2 3.7 3.1 2.9
Africa
48 Egypt 1.0 1.5 1.7 1.3
49 Morocco .6 .6 .5 .5
50 Zaire .0 .0 .0 .0
51 Other Africa(3) 1.1 .8 1.1 1.0
52 Eastern Europe 12.0 10.9 6.0 5.2
53 Russia(4) 7.5 6.8 2.8 2.2
54 Other 4.6 4.1 3.2 3.1
55 Offshore banking centers 129.3 125.8 121.9 94.1
56 Bahamas 29.2 24.7 29.0 33.0
57 Bermuda 9.0 9.3 10.4 4.6
58 Cayman Islands
and other
British West
Indies 24.9 34.2 30.6 15.4
59 Netherlands Antilles 14.0 10.5 6.0 2.6
60 Panama(5) 3.2 3.3 4.0 3.9
61 Lebanon .1 .1 .2 .1
62 Hong Kong, China 33.8 30.0 30.6 23.4
63 Singapore 15.0 13.5 11.1 11.2
64 Other(6) .1 .2 .2 .2
65 Miscellaneous and
unallocated(7) 101.3 95.7 104.5 115.5
1999
Area or country
Mar. June(p)
1 Total 678.3 667.3
2 G-10 countries
and Switzerland 246.4 255.7
3 Belgium and Luxembourg 14.1 14.8
4 France 19.5 18.4
5 Germany 32.0 29.2
6 Italy 13.2 11.6
7 Netherlands 8.9 10.9
8 Sweden 3.6 2.3
9 Switzerland 7.3 7.8
10 United Kingdom 110.6 122.7
11 Canada 15.7 16.5
12 Japan 21.3 21.6
13 Other industrialized
countries 75.8 76.5
14 Austria 2.5 2.7
15 Denmark 3.2 2.8
16 Finland 1.4 .8
17 Greece 6.2 5.7
18 Norway 2.9 2.9
19 Portugal 1.3 1.2
20 Spain 14.3 15.8
21 Turkey 5.0 4.7
22 Other Western Europe 10.1 10.1
23 South Africa 3.4 3.4
24 Australia 25.3 26.5
25 OPEC(2) 26.0 25.9
26 Ecuador 1.1 1.0
27 Venezuela 3.4 3.1
28 Indonesia 4.5 4.9
29 Middle East countries 16.6 16.4
30 African countries .4 .4
31 Non-OPEC developing
countries 143.7 145.3
Latin America
32 Argentina 23.5 22.0
33 Brazil 23.6 24.7
34 Chile 8.5 8.2
35 Colombia 3.2 3.1
36 Mexico 18.9 18.0
37 Peru 2.2 2.1
38 Other 5.4 5.5
Asia
China
39 Mainland 5.1 5.3
40 Taiwan 11.7 11.9
41 India 5.5 6.5
42 Israel 1.1 2.0
43 Korea (South) 13.3 14.9
44 Malaysia 5.9 5.9
45 Philippines 5.3 5.6
46 Thailand 4.5 4.1
47 Other Asia 3.0 2.8
Africa
48 Egypt 1.4 1.4
49 Morocco .5 .5
50 Zaire .0 .0
51 Other Africa(3) 1.2 .9
52 Eastern Europe 6.1 5.1
53 Russia(4) 2.2 1.9
54 Other 3.9 3.2
55 Offshore banking centers 83.0 70.6
56 Bahamas 30.2 16.1
57 Bermuda 3.8 5.6
58 Cayman Islands
and other
British West
Indies 6.3 7.0
59 Netherlands Antilles 2.7 1.2
60 Panama(5) 3.9 3.9
61 Lebanon .1 .1
62 Hong Kong, China 22.8 21.9
63 Singapore 13.1 14.6
64 Other(6) .2 .1
65 Miscellaneous and
unallocated(7) 97.3 88.1
(1.) The banking offices covered by these data include U.S. offices and foreign branches of U.S. banks, including U.S. banks that are subsidiaries of foreign banks. Offices not covered not covered Health care adjective Referring to a procedure, test or other health service to which a policy holder or insurance beneficiary is not entitled under the terms of the policy or payment system–eg, Medicare. Cf Covered. include U.S. agencies and branches of foreign banks. Beginning March 1994, the data include large foreign subsidiaries of U.S. banks. The data also include other types of U.S. depository institutions as well as some types of brokers and dealers. To eliminate duplication duplication /du·pli·ca·tion/ (doo-pli-ka´shun) 1. the act or process of doubling, or the state of being doubled. 2. , the data are adjusted to exclude the claims on foreign branches held by a U.S. office or another foreign branch of the same banking institution. These data are on a gross claims basis and do not necessarily reflect the ultimate country risk or exposure of U.S. banks. More complete data on the country risk exposure of U.S. banks are available in the quarterly Country Exposure Lending Survey published by the Federal Financial Institutions Examination Council The Federal Financial Institutions Examination Council, or FFIEC, is a formal interagency body of the United States government empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions by the Board of . (2.) Organization of Petroleum Exporting Countries Organization of Petroleum Exporting Countries (OPEC), multinational organization (est. 1960, formally constituted 1961) that coordinates petroleum policies and economic aid among oil-producing nations. , shown individually; other members of OPEC OPEC: see Organization of Petroleum Exporting Countries. OPEC in full Organization of the Petroleum Exporting Countries Multinational organization established in 1960 to coordinate the petroleum production and export policies of its (Algeria, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, and United Arab Emirates); and Bahrain and Oman (not formally members of OPEC). (3.) Excludes Liberia Liberia (lībēr`ēə) (New Lat.,=place of freedom), officially Republic of Liberia, republic (2005 est. pop. 3,482,000), 43,000 sq mi (111,370 sq km), W Africa. . Beginning March 1994 includes Namibia Namibia (nämĭb`ēə), officially Republic of Namibia, republic (2005 est. pop. 2,031,000), c.318,000 sq mi (823,620 sq km), SW Africa. . (4.) As of December 1992, excludes other republics of the former Soviet Union. (5.) Includes Canal Zone Canal Zone: see Panama Canal Zone. Canal Zone or Panama Canal Zone Strip of territory, a historic administrative entity in Panama over which the U.S. formerly exercised jurisdictional rights (1903–79). . (6.) Foreign branch claims only. (7.) Includes New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Liberia, and international and regional organizations. 3.22 LIABILITIES TO UNAFFILIATED FOREIGNERS Reported by Nonbanking Business Enterprises in the United States
Millions of dollars, end of period
Type of liability,
and area or country 1995 1996 1997
1 Total 46,448 61,782 57,382
2 Payable in dollars 33,903 39,542 41,543
3 Payable in foreign currencies 12,545 22,240 15,839
By type
4 Financial liabilities 24,241 33,049 26,877
5 Payable ill dollars 12,903 11,913 12,630
6 Payable in foreign currencies 11,338 21,136 14,247
7 Commercial liabilities 22,207 28,733 30,505
8 Trade payables 11,013 12,720 10,904
9 Advance receipts and
other liabilities 11,194 16,013 19,601
10 Payable in dollars 21,000 27,629 28,913
11 Payable in foreign currencies 1,207 1,104 1,592
By area or country
Financial liabilities
12 Europe 15,622 23,179 18,027
13 Belgium and Luxembourg 369 632 186
14 France 999 1,091 1,425
15 Germany 1,974 1,834 1,958
16 Netherlands 466 556 494
17 Switzerland 895 699 561
18 United Kingdom 10,138 17,161 11,667
19 Canada 632 1,401 2,374
20 Latin America and Caribbean 1,783 1,668 1,386
21 Bahamas 59 236 141
22 Bermuda 147 50 229
23 Brazil 57 78 143
24 British West Indies 866 1,030 604
25 Mexico 12 17 26
26 Venezuela 2 1 1
27 Asia 5,988 6,423 4,387
28 Japan 5,436 5,869 4,102
29 Middle Eastern oil-
exporting countries(1) 27 25 27
30 Africa 150 38 60
31 Oil-exporting countries(2) 122 0 0
32 All other(3) 66 340 643
Commercial liabilities
33 Europe 7,700 9,767 10,228
34 Belgium and Luxembourg 331 479 666
35 France 481 680 764
36 Germany 767 1,002 1,274
37 Netherlands 500 766 439
38 Switzerland 413 624 375
39 United Kingdom 3,568 4,303 4,086
40 Canada 1,040 1,090 1,175
41 Latin America and Caribbean 1,740 2,574 2,176
42 Bahamas 1 63 16
43 Bermuda 205 297 203
44 Brazil 98 196 220
45 British West Indies 56 14 12
46 Mexico 416 665 565
47 Venezuela 221 328 261
48 Asia 10,421 13,422 14,966
49 Japan 3,315 4,614 4,500
50 Middle Eastern
oil-exporting countries(1) 1,912 2,168 3,111
51 Africa 619 1,040 874
52 Oil-exporting countries(2) 254 532 408
53 Other(3) 687 840 1,086
1998
Type of liability,
and area or country
Mar. June Sept. Dec.
1 Total 55,681 51,433 49,279 46,570
2 Payable in dollars 41,601 40,026 38,410 36,668
3 Payable in foreign currencies 14,080 11,407 10,869 9,902
By type
4 Financial liabilities 25,691 22,322 19,331 19,255
5 Payable ill dollars 12,911 11,988 9,812 10,371
6 Payable in
foreign currencies 12,780 10,334 9,519 8,884
7 Commercial liabilities 29,990 29,111 29,948 27,315
8 Trade payables 10,107 9,537 10,276 10,978
9 Advance receipts and
other liabilities 19,883 19,574 19,672 16,337
10 Payable in dollars 28,690 28,038 28,598 26,297
11 Payable in foreign
currencies 1,300 1,073 1,350 1,018
By area or country
Financial liabilities
12 Europe 18,793 15,468 12,905 12,589
13 Belgium and Luxembourg 127 75 150 79
14 France 1,545 1,699 1,457 1,097
15 Germany 2,518 2,441 2,167 2,063
16 Netherlands 472 484 417 1,406
17 Switzerland 130 189 179 155
18 United Kingdom 12,185 8,765 6,610 5,980
19 Canada 1,027 539 389 693
20 Latin America and Caribbean 965 1,320 1,351 1,495
21 Bahamas 17 6 1 7
22 Bermuda 86 49 73 101
23 Brazil 91 76 154 152
24 British West Indies 517 845 834 957
25 Mexico 21 51 23 59
26 Venezuela 1 1 1 2
27 Asia 4,197 4,315 4,005 3,785
28 Japan 3,964 3,869 3,754 3,612
29 Middle Eastern oil-
exporting countries(1) 18 0 0 0
30 Africa 33 29 31 28
31 Oil-exporting
countries(2) 0 0 0 0
32 All other(3) 676 651 650 665
Commercial liabilities
33 Europe 9,951 9,987 11,010 10,030
34 Belgium and Luxembourg 565 557 623 278
35 France 840 612 740 920
36 Germany 1,068 1,219 1,408 1,392
37 Netherlands 443 485 440 429
38 Switzerland 407 349 507 499
39 United Kingdom 4,041 3,743 4,286 3,697
40 Canada 1,347 1,206 1,504 1390
41 Latin America and Caribbean 2,051 2,285 1,840 1,618
42 Bahamas 27 14 48 14
43 Bermuda 174 209 168 198
44 Brazil 249 246 256 152
45 British West Indies 5 27 5 10
46 Mexico 520 557 511 347
47 Venezuela 219 196 230 202
48 Asia 14,672 13,611 13,539 12,342
49 Japan 4,372 3,995 3,779 3,827
50 Middle Eastern
oil-exporting
countries(1) 3,138 3,194 3,582 2,852
51 Africa 833 921 810 794
52 Oil-exporting
countries(2) 376 354 372 393
53 Other(3) 1,136 1,101 1,245 1,141
1999
Type of liability,
and area or country
Mar. June(p)
1 Total 46,663 49,337
2 Payable in dollars 34,030 36,032
3 Payable in foreign currencies 12,633 13,305
By type
4 Financial liabilities 22,458 25,058
5 Payable ill dollars 11,225 13,205
6 Payable in foreign currencies 11,233 11,853
7 Commercial liabilities 24,205 24,279
8 Trade payables 9,999 10,935
9 Advance receipts and
other liabilities 14,206 13,344
10 Payable in dollars 22,805 22,827
11 Payable in foreign currencies 1,400 1,452
By area or country
Financial liabilities
12 Europe 16,098 19,578
13 Belgium and Luxembourg 50 70
14 France 1, 178 1,287
15 Germany 1,906 1,959
16 Netherlands 1,337 2,104
17 Switzerland 141 143
18 United Kingdom 9,729 13,097
19 Canada 781 320
20 Latin America and Caribbean 1,528 1,369
21 Bahamas 1 1
22 Bermuda 78 52
23 Brazil 137 131
24 British West Indies 1,064 944
25 Mexico 22 19
26 Venezuela 2 1
27 Asia 3,475 3,217
28 Japan 3,337 3,035
29 Middle Eastern oil-
exporting countries(1) 1 2
30 Africa 31 29
31 Oil-exporting countries(2) 2 0
32 All other(3) 545 545
Commercial liabilities
33 Europe 8,580 8,718
34 Belgium and Luxembourg 229 189
35 France 654 656
36 Germany 1,088 1,143
37 Netherlands 361 432
38 Switzerland 535 497
39 United Kingdom 3,008 2,959
40 Canada 1,597 1,670
41 Latin America and Caribbean 1,612 1,674
42 Bahamas 11 19
43 Bermuda 225 180
44 Brazil 107 112
45 British West Indies 7 5
46 Mexico 437 490
47 Venezuela 155 149
48 Asia 10,428 10,039
49 Japan 2,715 2,753
50 Middle Eastern
oil-exporting countries(1) 2,479 2,209
51 Africa 727 832
52 Oil-exporting countries(2) 377 392
53 Other(3) 1,261 1,346
(1.) Comprises Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (Trucial States). (2.) Comprises Algeria, Gabon, Libya, and Nigeria. (3.) Includes nonmonetary international and regional organizations. 3.23 CLAIMS ON UNAFFILIATED FOREIGNERS Reported by Nonbanking Business Enterprises in the United States
Millions of dollars, end of period
Type of claim, and
area or country 1995 1996 1997
1 Total 52,509 65,897 68,128
2 Payable in dollars 48,711 59,156 62,173
3 Payable in foreign currencies 3,798 6,741 5,955
By type
4 Financial claims 27,398 37,523 36,959
5 Deposits 15,133 21,624 22,909
6 Payable in dollars 14,654 20,852 21,060
7 Payable in foreign currencies 479 772 1,849
8 Other financial claims 12,265 15,899 14,050
9 Payable in dollars 10,976 12,374 11,806
10 Payable in foreign currencies 1,289 3,525 2,244
11 Commercial claims 25,111 28,374 31,169
12 Trade receivables 22,998 25,751 27,536
13 Advance payments
and other claims 2,113 2,623 3,633
14 Payable in dollars 23,081 25,930 29,307
15 Payable in foreign currencies 2,030 2,444 1,862
By area or country
Financial claims
16 Europe 7,609 11,085 14,999
17 Belgium and Luxembourg 193 185 406
18 France 803 694 1,015
19 Germany 436 276 427
20 Netherlands 517 493 677
21 Switzerland 498 474 434
22 United Kingdom 4,303 7,922 10,337
23 Canada 2,851 3,442 3,313
24 Latin America and Caribbean 14,500 20,032 15,543
25 Bahamas 1,965 1,553 2,308
26 Bermuda 81 140 108
27 Brazil 830 1,468 1,313
28 British West Indies 10,393 15,536 10,462
29 Mexico 554 457 537
30 Venezuela 32 31 36
31 Asia 1,579 2,221 2,133
32 Japan 871 1,035 823
33 Middle Eastern oil-
exporting countries(1) 3 22 11
34 Africa 276 174 319
35 Oil-exporting countries(2) 5 14 15
36 All other(3) 583 569 652
Commercial claims
37 Europe 9,824 10,443 12,120
38 Belgium and Luxembourg 231 226 328
39 France 1,830 1,644 1,796
40 Germany 1,070 1,337 1,614
41 Netherlands 452 562 597
42 Switzerland 520 642 554
43 United Kingdom 2,656 2,946 3,660
44 Canada 1,951 2,165 2,660
45 Latin America and Caribbean 4,364 5,276 5,750
46 Bahamas 30 35 27
47 Bermuda 272 275 244
48 Brazil 898 1,303 1,162
49 British West Indies 79 190 109
50 Mexico 993 1,128 1,392
51 Venezuela 285 357 576
52 Asia 7,312 8,376 8,713
53 Japan 1,870 2,003 1,976
54 Middle Eastern
oil-exporting countries(1) 974 971 1,107
55 Africa 654 746 680
56 Oil-exporting countries(2) 87 166 119
57 Other(3) 1,006 1,368 1,246
Type of claim, and 1998
area or country
Mar. June Sept. Dec.
1 Total 71,004 63,188 67,976 77,462
2 Payable in dollars 65,359 57,587 62,034 72,171
3 Payable in foreign currencies 5,645 5,601 5,942 5,291
By type
4 Financial claims 40,301 32,341 37,262 46,260
5 Deposits 20,863 14,762 15,406 30,199
6 Payable in dollars 19,155 13,084 13,374 28,549
7 Payable in foreign
currencies 1,708 1,678 2,032 1,650
8 Other financial claims 19,438 17,579 21,856 16,061
9 Payable in dollars 16,981 14,904 19,867 14,049
10 Payable in foreign
currencies 2,457 2,675 1,989 2,012
11 Commercial claims 30,703 30,847 30,714 31,202
12 Trade receivables 26,888 26,764 26,330 27,202
13 Advance payments
and other claims 3,815 4,083 4,384 4,000
14 Payable in dollars 29,223 29,599 28,793 29,573
15 Payable in foreign
currencies 1,480 1,248 1,921 1,629
By area or country
Financial claims
16 Europe 14,187 14,091 14,473 12,294
17 Belgium and Luxembourg 378 518 496 661
18 France 902 796 1,140 864
19 Germany 393 290 359 304
20 Netherlands 911 975 867 875
21 Switzerland 401 403 409 414
22 United Kingdom 9,289 9,639 9,849 7,766
23 Canada 4,688 3,020 4,090 2,503
24 Latin America and Caribbean 18,207 11,967 15,758 27,714
25 Bahamas 1,316 1,306 2,105 403
26 Bermuda 66 48 63 39
27 Brazil 1,408 1,394 710 835
28 British West Indies 13,551 7,349 10,960 24,388
29 Mexico 967 1,089 1,122 1,245
30 Venezuela 47 57 50 55
31 Asia 2,174 2,376 2,121 3,027
32 Japan 791 886 928 1,194
33 Middle Eastern oil-
exporting countries(1) 9 12 13 9
34 Africa 325 155 157 159
35 Oil-exporting countries(2) 16 15 16 16
36 All other(3) 720 732 663 563
Commercial claims
37 Europe 12,854 12,882 13,029 13,246
38 Belgium and Luxembourg 232 216 219 238
39 France 1,939 1,955 2,098 2,171
40 Germany 1,670 1,757 1,502 1,822
41 Netherlands 534 492 463 467
42 Switzerland 476 418 546 483
43 United Kingdom 4,828 4,664 4,681 4,769
44 Canada 2,882 2,779 2,291 2,617
45 Latin America and Caribbean 5,481 6,082 5,773 6,296
46 Bahamas 13 12 39 24
47 Bermuda 238 359 173 536
48 Brazil 1,128 1,183 1,062 1,024
49 British West Indies 88 110 91 104
50 Mexico 1,302 1,462 1,356 1,545
51 Venezuela 441 585 566 401
52 Asia 7,638 7,367 7,190 7,192
53 Japan 1,713 1,757 1,789 1,681
54 Middle Eastern
oil-exporting
countries(1) 987 1,127 967 1,135
55 Africa 613 657 740 711
56 Oil-exporting
countries(2) 122 116 128 165
57 Other(3) 1,235 1,080 1,691 1,140
Type of claim, and 1999
area or country
Mar. June(p)
1 Total 68,973 63,767
2 Payable in dollars 63,988 56,931
3 Payable in foreign currencies 4,985 6,836
By type
4 Financial claims 38,136 31,877
5 Deposits 18,686 13,350
6 Payable in dollars 17,101 11,636
7 Payable in foreign currencies 1,585 1,714
8 Other financial claims 19,450 18,527
9 Payable in dollars 17,419 14,762
10 Payable in foreign currencies 2,031 3,765
11 Commercial claims 30,837 31,890
12 Trade receivables 26,724 27,754
13 Advance payments
and other claims 4,113 4,136
14 Payable in dollars 29,468 30,533
15 Payable in foreign currencies 1,369 1,357
By area or country
Financial claims
16 Europe 12,800 13,898
17 Belgium and Luxembourg 469 457
18 France 913 1,368
19 Germany 302 367
20 Netherlands 955 959
21 Switzerland 530 504
22 United Kingdom 8,357 8,589
23 Canada 3,111 2,828
24 Latin America and Caribbean 18,825 11,486
25 Bahamas 666 467
26 Bermuda 41 39
27 Brazil 1,112 1,102
28 British West Indies 14,621 7,393
29 Mexico 1,583 1,702
30 Venezuela 72 71
31 Asia 2,648 2,801
32 Japan 942 949
33 Middle Eastern oil-
exporting countries(1) 8 5
34 Africa 174 228
35 Oil-exporting countries(2) 26 5
36 All other(3) 578 636
Commercial claims
37 Europe 12,782 12,958
38 Belgium and Luxembourg 281 286
39 France 2,173 2,092
40 Germany 1,599 1,660
41 Netherlands 415 389
42 Switzerland 367 385
43 United Kingdom 4,529 4,615
44 Canada 2,983 2,844
45 Latin America and Caribbean 5,930 6,267
46 Bahamas 10 21
47 Bermuda 500 583
48 Brazil 936 885
49 British West Indies 117 127
50 Mexico 1,431 1,474
51 Venezuela 361 383
52 Asia 7,080 7,678
53 Japan 1,486 1,509
54 Middle Eastern
oil-exporting countries(1) 1,286 1,465
55 Africa 685 738
56 Oil-exporting countries(2) 116 202
57 Other(3) 1,377 1,405
(1.) Comprises Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (Trucial States). (2.) Comprises Algeria, Gabon, Libya, and Nigeria. (3.) Includes nonmonetary international and regional organizations. 3.24 FOREIGN TRANSACTION IN SECURITIES
Millions of dollars
Transaction, 1999
and area or country 1997 1998
Jan.-
STOCKS Aug.
U.S. corporate securities
1 Foreign purchases 1,097,958 1,574,185 1,450,877
2 Foreign sales 1,028,361 1,524,189 1,382,053
3 Net purchases, or sales (-) 69,597 49,996 68,824
4 Foreign countries 69,754 50,376 68,845
5 Europe 62,688 68,124 59,075
6 France 6,641 5,672 3,022
7 Germany 9,059 9,195 7,516
8 Netherlands 3,831 8,249 5,451
9 Switzerland 7,848 5,001 3,995
10 United Kingdom 22,478 23,952 27,163
11 Canada -1,406 -4,689 1,915
12 Latin America and Caribbean 5,203 760 9,802
13 Middle East(1) 383 -1,449 -293
14 Other Asia 2,072 -12,347 -2,448
15 Japan 4,787 -1,171 535
16 Africa 472 639 351
17 Other countries 342 -662 443
18 Nonmonetary international
and regional organizations -157 -380 -21
BONDS(2)
19 Foreign purchases 610,116 905,782 564,688
20 Foreign sales 475,958 727,044 405,858
21 Net purchases, or sales (-) 134,158 178,738 158,830
22 Foreign countries 133,595 179,081 158,609
23 Europe 71,631 130,057 91,075
24 France 3,300 3,386 1,472
25 Germany 2,742 4,369 4,561
26 Netherlands 3,576 3,443 1,748
27 Switzerland 187 4,826 2,806
28 United Kingdom 54,134 99,637 68,483
29 Canada 6,264 6,121 2,394
30 Latin America and Caribbean 34,733 23,938 38,350
31 Middle East(1) 2,155 4,997 1,741
32 Other Asia 16,996 12,662 23,399
33 Japan 9,357 8,384 6,687
34 Africa 1,005 190 854
35 Other countries 811 1,116 796
36 Nonmonetary international
and regional organizations 563 -343 221
Foreign securities
37 Stocks, net purchases,
or sales (-) -40,942 6,227 20,899
38 Foreign purchases 756,015 929,923 727,512
39 Foreign sales 796,957 923,696 706,613
40 Bonds, net purchases,
or sales (-) -48,171 -17,350 -2,286
41 Foreign purchases 1,451,704 1,328,281 557,196
42 Foreign sales 1,499,875 1,345,631 559,482
43 Net purchases, or
sales (-), of stocks
and bonds -89,113 -11,123 18,613
44 Foreign countries -88,921 -10,778 18,230
45 Europe -29,874 12,632 52,068
46 Canada -3,085 -1,901 -1,306
47 Latin America and Caribbean -25,258 -13,798 -9,538
48 Asia -25,123 -3,992 -22,499
49 Japan -10,001 -1,742 -25,017
50 Africa -3,293 -1,225 71
51 Other countries -2,288 -2,494 -566
52 Nonmonetary international
and regional organizations -192 -345 383
Transaction, 1999
and area or country
Feb. Mar. Apr.
U.S. corporate securities
STOCKS
1 Foreign purchases 159,759 179,894 223,006
2 Foreign sales 155,650 177,007 205,493
3 Net purchases, or sales (-) 4,109 2,887 17,513
4 Foreign countries 4,109 2,887 17,497
5 Europe 6,403 6,563 11,493
6 France 175 1,199 534
7 Germany 872 480 1,814
8 Netherlands 956 1,103 417
9 Switzerland 582 1,551 1,934
10 United Kingdom 2,833 575 3,758
11 Canada 248 723 -129
12 Latin America and Caribbean -1,279 -1,415 5,516
13 Middle East(1) -733 298 -355
14 Other Asia -630 -3,257 905
15 Japan -344 -1,925 1,458
16 Africa 11 87 37
17 Other countries 89 -112 30
18 Nonmonetary international
and regional organizations 0 0 16
BONDS(2)
19 Foreign purchases 75,169 77,101 70,044
20 Foreign sales 56,187 52,331 47,516
21 Net purchases, or sales (-) 18,982 24,770 22,528
22 Foreign countries 18,941 24,974 22,468
23 Europe 14,402 12,832 10,527
24 France 124 22 -36
25 Germany 1,268 190 -43
26 Netherlands 329 418 106
27 Switzerland 535 272 467
28 United Kingdom 10,803 9,268 8,617
29 Canada 475 640 319
30 Latin America and Caribbean 2,057 5,203 5,967
31 Middle East(1) 314 859 364
32 Other Asia 1,439 5,132 4,904
33 Japan 165 589 1,215
34 Africa 266 261 331
35 Other countries -12 47 56
36 Nonmonetary international
and regional organizations 41 -204 60
Foreign securities
37 Stocks, net purchases,
or sales (-) 3,085 1,845 5,583
38 Foreign purchases 73,948 95,216 98,501
39 Foreign sales 70,863 93,371 92,918
40 Bonds, net purchases,
or sales (-) -255 1,710 -5,147
41 Foreign purchases 66,198 76,129 73,376
42 Foreign sales 66,453 74,419 78,523
43 Net purchases, or
sales (-), of stocks
and bonds 2,830 3,555 436
44 Foreign countries 2,554 3,595 554
45 Europe 6,431 14,014 9,710
46 Canada -551 -131 449
47 Latin America and Caribbean 491 -3,586 -4,353
48 Asia -3,344 -7,155 -3,946
49 Japan -3,390 -7,250 -3,445
50 Africa -25 -16 20
51 Other countries -448 469 -428
52 Nonmonetary international
and regional organizations 276 -40 -118
Transaction, 1999
and area or country
May June
U.S. corporate securities
STOCKS
1 Foreign purchases 185,819 179,785(r)
2 Foreign sales 177,326 167,878(r)
3 Net purchases, or sales (-) 8,493 11,907(r)
4 Foreign countries 8,504 11,893(r)
5 Europe 5,260 7,663
6 France -206 919
7 Germany 971 1,376
8 Netherlands 738 1,181
9 Switzerland 481 1,452
10 United Kingdom 1,822 1,300
11 Canada -159 401
12 Latin America and Caribbean 2,004 2,474(r)
13 Middle East(1) 419 64
14 Other Asia 574 1,271
15 Japan 464 681
16 Africa 138 81
17 Other countries 268 -61
18 Nonmonetary international and
regional organizations -11 14
BONDS(2)
19 Foreign purchases 66,558 67,569
20 Foreign sales 49,145 52,197
21 Net purchases, or sales (-) 17,413 15,372
22 Foreign countries 17,326 15,383
23 Europe 10,911 9,553
24 France 352 258
25 Germany 797 321
26 Netherlands 168 187
27 Switzerland 128 -26
28 United Kingdom 8,310 7,651
29 Canada 413 184
30 Latin America and Caribbean 3,382 5
31 Middle East(1) -717 -114
32 Other Asia 3,224 1,458
33 Japan 0 310
34 Africa 82 -307
35 Other countries 31 6
36 Nonmonetary international
and regional organizations 87 -11
Foreign securities
37 Stocks, net purchases,
or sales (-) 2,500 6,220(r)
38 Foreign purchases 86,179 97,622(r)
39 Foreign sales 83,679 91,402(r)
40 Bonds, net purchases,
or sales (-) -499 8,969
41 Foreign purchases 72,372 79,013
42 Foreign sales 72,871 70,044
43 Net purchases, or
sales (-), of stocks
and bonds 2,001 15,189(r)
44 Foreign countries 2,101 15,219(r)
45 Europe 5,846 16,749
46 Canada -537 1,202(r)
47 Latin America and Caribbean -2,306 -2,785(r)
48 Asia -495 194
49 Japan -704 -1,241
50 Africa 112 -25
51 Other countries -519 -116
52 Nonmonetary international and
regional organizations -100 -30
Transaction, 1999
and area or country
July(r) Aug.(p)
U.S. corporate securities
STOCKS
1 Foreign purchases 188,099 178,334
2 Foreign sales 179,783 166,212
3 Net purchases, or sales (-) 8,316 12,122
4 Foreign countries 8,361 12,131
5 Europe 6,171 9,474
6 France -55 269
7 Germany -354 1,322
8 Netherlands 404 566
9 Switzerland -2,822 827
10 United Kingdom 8,498 4,484
11 Canada 153 -50
12 Latin America and Caribbean 2,935 846
13 Middle East(1) -273 174
14 Other Asia -671 1,666
15 Japan -452 1,269
16 Africa 14 -39
17 Other countries 32 60
18 Nonmonetary international and
regional organizations -45 -9
BONDS(2)
19 Foreign purchases 75,778 63,904
20 Foreign sales 47,984 46,667
21 Net purchases, or sales (-) 27,794 17,237
22 Foreign countries 27,520 17,264
23 Europe 18,196 9,889
24 France 447 160
25 Germany 1,707 -77
26 Netherlands 336 144
27 Switzerland 705 322
28 United Kingdom 13,582 7,641
29 Canada -23 286
30 Latin America and Caribbean 5,088 5,668
31 Middle East(1) -182 -219
32 Other Asia 4,031 1,179
33 Japan 3,020 827
34 Africa 122 59
35 Other countries 288 402
36 Nonmonetary international
and regional organizations 274 -27
Foreign securities
37 Stocks, net purchases,
or sales (-) -2,236 594
38 Foreign purchases 106,264 91,851
39 Foreign sales 108,500 91,257
40 Bonds, net purchases,
or sales (-) -4,677 -83
41 Foreign purchases 63,975 70,061
42 Foreign sales 68,652 70,144
43 Net purchases, or
sales (-), of stocks
and bonds -6,913 511
44 Foreign countries -7,004 328
45 Europe -3,759 2,671
46 Canada -1,055 525
47 Latin America and Caribbean 545 101
48 Asia -3,330 -2,865
49 Japan -4,323 -4,805
50 Africa -21 4
51 Other countries 616 -108
52 Nonmonetary international and
regional organizations 91 183
(1.) Comprises Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (Trucial States). (2.) Comprises Algeria, Gabon, Libya, and Nigeria. (3.) Includes nonmonetary international and regional organizations. 3.25 MARKETABLE U.S. TREASURY BONDS AND NOTES Foreign Transactions(1)
Millions of dollars; net purchase, or sales (-) during period
1999
1997 1998
Jan.-
Aug.
Area or country
1 Total estimated 184,171 49,039 -2,622
2 Foreign countries 183,688 46,570 -2,662
3 Europe 144,921 23,797 -32,638
4 Belgium and Luxembourg 3,427 3,805 1,413
5 Germany 22,471 144 2,053
6 Netherlands 1,746 -5,533 1,653
7 Sweden -465 1,486 1,064
8 Switzerland 6,028 5,240 -3,963
9 United Kingdom 98,253 14,384 -17,959
10 Other Europe and
former U.S.S.R 13,461 4,271 -16,899
11 Canada -811 615 6,577
12 Latin America and Caribbean -2,554 -3,662 3,991
13 Venezuela 655 59 206
14 Other Latin America
and Caribbean -549 9,523 -1,487
15 Netherlands Antilles -2,660 -13,244 5,272
16 Asia 39,567 27,433 19,975
17 Japan 20,360 13,048 10,614
18 Africa 1,524 751 -1,296
19 Other 1,041 -2,364 729
20 Nonmonetary international
and regional organizations 483 2,469 40
21 International 621 1,502 -292
22 Latin American regional 170 199 679
MEMO
23 Foreign countries 183,688 46,570 -2,662
24 Official institutions 43,959 4,123 -9,537
25 Other foreign 139,729 42,447 6,875
Oil-exporting countries
26 Middle East(2) 7,636 -16,554 7,211
27 Africa(3) -12 2 1
1999
Feb. Mar. Apr. May
Area or country
1 Total estimated -14,623 1,532 -3,271 5,638
2 Foreign countries -14,182 1,762 -3,257 5,316
3 Europe -7,354 1,342 -15,394 -3,997
4 Belgium and Luxembourg 204 -54 476 121
5 Germany 217 428 -653 -290
6 Netherlands -584 197 -256 797
7 Sweden -228 386 -462 -21
8 Switzerland 47 -1,457 -302 -121
9 United Kingdom -5,721 1,129 -6,672 -4,528
10 Other Europe and
former U.S.S.R -1,289 713 -7,525 45
11 Canada 1,127 213 1,205 2,580
12 Latin America and Caribbean -6,037 1,100 5,200 1,364
13 Venezuela 463 -445 2 88
14 Other Latin America
and Caribbean -2,024 -2,570 3,654 -123
15 Netherlands Antilles -4,476 4,115 1,544 1,399
16 Asia -2,216 -1,714 5,973 5,631
17 Japan -1,124 -1,311 6,475 1,284
18 Africa -6 -52 -11 -198
19 Other 304 873 -230 -64
20 Nonmonetary international
and regional
organizations -441 -230 -14 322
21 International -371 -206 15 223
22 Latin American regional 1 -5 0 122
MEMO
23 Foreign countries -14,182 1,762 -3,257 5,316
24 Official institutions -3,699 -4,845 -6,696 3,223
25 Other foreign -10,483 6,607 3,439 2,093
Oil-exporting countries
26 Middle East(2) -618 1,478 65 2,887
27 Africa(3) 0 0 0 0
1999
June July Aug.(p)
Area or country
1 Total estimated -609 -6,242(r) 19,118
2 Foreign countries -815 -6,226(r) 18,847
3 Europe -5,796 -5,740(r) 1,771
4 Belgium and Luxembourg 753 37 105
5 Germany 538 643 1,438
6 Netherlands -77 -1,224 453
7 Sweden 579 -229 876
8 Switzerland 971 -216(r) -714
9 United Kingdom -7,215 1,385(r) 1,934
10 Other Europe and
former U.S.S.R -1,345 -6,136 -2,321
11 Canada 460 1,382 1,339
12 Latin America and Caribbean -1,403 693(r) 8,695
13 Venezuela -31 131 15
14 Other Latin America
and Caribbean -52 -43(r) 1,650
15 Netherlands Antilles -1,320 605 7,030
16 Asia 6,489 -2,319(r) 6,832
17 Japan 4,905 -394 2,913
18 Africa -246 -178 -622
19 Other -319 -64 832
20 Nonmonetary international
and regional
organizations 206 -16 271
21 International -8 -101 233
22 Latin American regional 192 191 175
MEMO
23 Foreign countries -815 -6,226(r) 18,847
24 Official institutions 397 -1,773 2,393
25 Other foreign -1,212 -4,453(r) 16,454
Oil-exporting countries
26 Middle East(2) 238 -38 130
27 Africa(3) 0 0 1
(1.) Official and private transactions in marketable U.S. Treasury securities having an original maturity of more than one year. Data are based on monthly transactions reports. Excludes nonmarketable U.S. Treasury bonds and notes held by official institutions of foreign countries. (2.) Comprises Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (Trucial States). (3.) Comprises Algeria, Gabon, Libya, and Nigeria. 3.28 FOREIGN EXCHANGE RATES AND INDEXES OF THE FOREIGN EXCHANGE VALUE OF THE U.S. DOLLAR(1)
Currency units per dollar except as noted
1996 1997 1998
Exchange Rates
COUNTRY/CURRENCY UNIT
1 Australia/dollar(2) 78.28 74.37 62.91
2 Austria/schilling 10.589 12.206 12.379
3 Belgium/franc 30.97 35.81 36.31
4 Brazil/real 1.0051 1.0779 1.1605
5 Canada/dollar 1.3638 1.3849 1.4836
6 China, P.R./yuan 8.3389 8.3193 8.3008
7 Denmark/krone 5.8003 6.6092 6.7030
8 European Monetary
Union/euro(3) n.a. n.a. n.a.
9 Finland/markka 4.5948 5.1956 5.3473
10 France/franc 5.1158 5.8393 5.8995
11 Germany/deutsche mark 1.5049 1.7348 1.7597
12 Greece/drachma 240.82 273.28 295.7
13 Hong Kong/dollar 7.7345 7.7431 7.7467
14 India/rupee 35.51 36.36 41.36
15 Ireland/pound(2) 159.95 151.63 142.48
16 Italy/lira 1542.76 1,703.81 1736.85
17 Japan/yen 108.78 121.06 130.99
18 Malaysia/ringgit 2.5154 2.8173 3.9254
19 Mexico/peso 7.600 7.918 9.152
20 Netherlands/guilder 1.6863 1.9525 1.9837
21 New Zealand/dollar(2) 68.77 66.25 53.61
22 Norway/krone 6.4594 7.0857 7.5521
23 Portugal/escudo 154.28 175.44 180.25
24 Singapore/dollar 1.4100 1.4857 1.6722
25 South Africa/rand 4.3011 4.6072 5.5417
26 South Korea/won 805.00 947.65 1,400.40
27 Spain/peseta 126.68 146.53 149.41
28 Sri Lanka/rupee 55.289 59.026 65.006
29 Sweden/krona 6.7082 7.6446 7.9522
30 Switzerland/franc 1.2361 1.4514 1.4506
31 Taiwan/dollar 27.468 28.775 33.547
32 Thailand/baht 25.359 31.072 41.262
33 United Kingdom/pound(2) 156.07 163.76 165.73
34 Venezuela/bolivar 417.19 488.39 548.39
Indexes(4)
NOMINAL
35 Broad (January
1997= 100)(5) 97.40(r) 104.44(r) 116.48(r)
36 Major currencies
(March 1973-100)(6) 84.60(r) 91.24(r) 95.79(r)
37 Other important trading
partners
(January 1997=100)(7) 98.26(r) 104.67(r) 126.03(r)
REAL
38 Broad
(March 1973=100)(5) 86.72(r) 91.33(r) 99.35(r)
39 Major currencies
(March 1973-100)(6) 84.95(r) 92.25(r) 97.25(r)
40 Other important
trading partners
(March 1973=100)(7) 94.69(r) 95.87(r) 108.50(r)
1999
May June July
Exchange Rates
1 Australia/dollar(2) 66.28 65.63 65.62
2 Austria/schilling n.a. n.a. n.a.
3 Belgium/franc n.a. n.a. n.a.
4 Brazil/real 1.6853 1.7669 1.8023
5 Canada/dollar 1.4611 1.4695 1.4890
6 China, P.R./yuan 8.2785 8.2780 8.2776
7 Denmark/krone 6.9925 7.1643 7.1792
8 European Monetary
Union/euro(3) 1.0630 1.0377 1.0370
9 Finland/markka n.a. n.a. n.a.
10 France/franc n.a. n.a. n.a.
11 Germany/deutsche mark n.a. n.a. n.a.
12 Greece/drachma 305.96 312.49 313.52
13 Hong Kong/dollar 7.7531 7.7575 7.7603
14 India/rupee 42.86 43.21 43.36
15 Ireland/pound(2) n.a. n.a. n.a.
16 Italy/lira n.a. n.a. n.a.
17 Japan/yen 122.00 120.72 119.33
18 Malaysia/ringgit 3.8000 3.8000 3.8000
19 Mexico/peso 9.396 9.515 9.370
20 Netherlands/guilder n.a. n.a. n.a.
21 New Zealand/dollar(2) 55.30 53.25 52.61
22 Norway/krone 7.7496 7.8749 7.9029
23 Portugal/escudo n.a. n.a. n.a.
24 Singapore/dollar 1.7122 1.7107 1.6958
25 South Africa/rand 6.1809 6.0880 6.1182
26 South Korea/won 1,197.92 1168.91 1,189.10
27 Spain/peseta n.a. n.a. n.a.
28 Sri Lanka/rupee 70.581 71.211 71.912
29 Sweden/krona 8.4432 8.5065 8.4431
30 Switzerland/franc 1.5078 1.5374 1.5474
31 Taiwan/dollar 32.791 32.525 32.338
32 Thailand/baht 37.051 36.926 37.143
33 United Kingdom/pound(2) 161.54 159.50 157.51
34 Venezuela/bolivar 596.48 603.29 611.17
Indexes
NOMINAL
35 Broad (January
1997= 100)(5) 117.34(r) 117.93(r) 117.97(r)
36 Major currencies
(March 1973-100)(6) 95.25(r) 96.07(r) 96.31(r)
37 Other important trading
partners
(January
1997=100)(7) 128.96(r) 129.03(r) 128.73(r)
REAL
38 Broad
(March 1973=100)(5) 99.12(r) 99.61(r) 99.91(r)
39 Major currencies
(March 1973-100)(6) 97.76(r) 98.61(r) 99.19(r)
40 Other important
trading partners
(March 1973=100)(7) 107.21(r) 107.25(r) 107.18(r)
1999
Aug. Sept. Oct.
Exchange Rates
1 Australia/dollar(2) 64.46 64.95 65.09
2 Austria/schilling n.a. n.a. n.a.
3 Belgium/franc n.a. n.a. n.a.
4 Brazil/real 1.8859 1.8987 1.9688
5 Canada/dollar 1.4932 1.4771 1.4776
6 China, P.R./yuan 8.2772 8.2774 8.2775
7 Denmark/krone 7.0144 7.0828 6.9450
8 European Monetary
Union/euro(3) 1.0605 1.0497 1.0706
9 Finland/markka n.a. n.a. n.a.
10 France/franc n.a. n.a. n.a.
11 Germany/deutsche mark n.a. n.a. n.a.
12 Greece/drachma 307.84 311.68 307.71
13 Hong Kong/dollar 7.7638 7.7665 7.7696
14 India/rupee 43.50 43.60 43.55
15 Ireland/pound(2) n.a. n.a. n.a.
16 Italy/lira n.a. n.a. n.a.
17 Japan/yen 113.23 106.88 105.97
18 Malaysia/ringgit 3.8000 3.8000 3.8000
19 Mexico/peso 9.398 9.341 9.575
20 Netherlands/guilder n.a. n.a. n.a.
21 New Zealand/dollar(2) 52.59 52.30 51.42
22 Norway/krone 7.8036 7.8361 7.7402
23 Portugal/escudo n.a. n.a. n.a.
24 Singapore/dollar 1.6787 1.6965 1.6757
25 South Africa/rand 6.1302 6.000563 6.1029
26 South Korea/won 1,198.31 1,201.00 1205.29
27 Spain/peseta n.a. n.a. n.a.
28 Sri Lanka/rupee 71.868 71.942 71.747
29 Sweden/krona 8.2589 8.2264 8.1492
30 Switzerland/franc 1.5093 1.5262 1.4896
31 Taiwan/dollar 32.076 31.848 31.828
32 Thailand/baht 38.060 40.060 39.416
33 United
Kingdom/pound(2) 160.58 162.47 165.72
34 Venezuela/bolivar 615.95 625.41 630.75
Indexes(4)
NOMINAL
35 Broad (January
1997= 100)(5) 117.00(r) 116.38(r) 115.88
36 Major currencies
(March 1973-100)(6) 94.31(r) 92.92(r) 91.94
37 Other important
trading partners
(January
1997=100)(7) 129.73(r) 130.60(r) 131.06
REAL
38 Broad
(March 1973=100)(5) 99.04(r) 98.46(r) 97.83
39 Major currencies
(March 1973-100)(6) 97.13(r) 95.91(r) 94.87
40 Other important
trading partners
(March 1973=100)(7) 107.90(r) 108.18(r) 108.14
(1.) Averages of certified See certification. noon buying rates in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of for cable transfers. Data in this table also appear in the Board's G.5 (405) monthly statistical release. For ordering address, see inside front cover. (2.) Value in U.S. cents. (3.) As of January 1999, the euro is reported in place of the individual euro area currencies. These currency rates can be derived de·rive v. de·rived, de·riv·ing, de·rives v.tr. 1. To obtain or receive from a source. 2. from the euro rate by using the fixed conversion rates (in currencies per euro) as shown below:
Euro equals
13.7603 Austrian schillings 1936.27 Italian lire
40.3399 Belgian francs 40.3399 Luxembourg francs
5.94573 Finnish markkas 2.20371 Netherlands guilders
6.55957 French francs 200.482 Portuguese escudos
1.95583 German marks 166.386 Spanish pesetas
.787564 Irish pounds
(4.) The December 1999 Bulletin will contain revised index values resulting from the annual revision (programming) revision - A release of a piece of software which is not a major release or a bugfix, but only introduces small changes or new features. to the trade weights. For more information on the indexes of the foreign exchange value of the dollar, see Federal Reserve Bulletin, vol. 84 (October October: see month. 1998), pp. 811-18. (5.) Weighted average of the foreign exchange value of the U.S. dollar against the currencies of a broad group of U.S. trading partners. The weight for each currency is computed as an average of U.S. bilateral bilateral /bi·lat·er·al/ (-lat´er-al) having two sides, or pertaining to both sides. bi·lat·er·al adj. 1. Having or formed of two sides; two-sided. 2. import shares from and export shares to the issuing country and of a measure of the importance to U.S. exporters of that country's trade in third country markets. (6.) Weighted average of the foreign exchange value of the U.S. dollar against a subset A group of commands or functions that do not include all the capabilities of the original specification. Software or hardware components designed for the subset will also work with the original. of broad index currencies that circulate cir·cu·late v. cir·cu·lat·ed, cir·cu·lat·ing, cir·cu·lates v.intr. 1. To move in or flow through a circle or circuit: blood circulating through the body. 2. widely outside the country of issue. The weight for each currency is its broad index weight scaled so that the weights of the subset of currencies in the index sum to one. (7.) Weighted average of the foreign exchange value of the U.S. dollar against a subset of broad index currencies that do not circulate widely outside the country of issue. The weight for each currency is its broad index weight scaled so that the weights of the subset of currencies in the index sum to one. |
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