What are the Federal Reserves major assets and liabilities W
What are the Federal Reserve\'s major assets and liabilities? What are the relative amounts of each (currently...July 2018)?
Solution
Federal reserves assets are Gold reserves,Special drwing rights, reserves position in international monetary fund and foreign currencies.
Federal reserves liabilities are Federal resrve nbotes, deposits made by depository institutions, the U.S. Treasury, and others hold in accounts at the Federal Reserve Banks.
Couldn;t get the data on liabilities.
Best of Luck. God Bless
| Asset in millions of dollars | 18-Apr | May 2018/p | |
| 1 | Total | 124540 | 122844 |
| 2 | Gold stock1 | 11041 | 11041 |
| 3 | Special drawing rights2 3 | 52402 | 51656 |
| 4 | Reserve position in International Monetary Fund2 5 | 17708 | 17556 |
| 5 | Foreign Currencies4 | 43389 | 42591 |
