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Unformatted text preview: l agents , totaled $3.8 billion in 2013. In addition, the Res erve Bank s were as s es s ed
$702 million for the c os ts related to produc ing, is s uing, and retiring c urrenc y , $580 million for Board ex penditures , and
$563 million to fund the operations of the Cons umer Financ ial Protec tion Bureau. The Res erve Bank s had interes t
ex pens e of $5.2 billion on depos itory ins titutions ' res erve balanc es , and rec orded los s es of $1.3 billion that res ult from
the daily revaluation of foreign c urrenc y denominated as s et holdings at c urrent ex c hange rates .
Additional earnings were derived from inc ome from s ervic es of $436 million, and net inc ome of $143 million attributable to
the c ons olidated limited liability c ompanies that were c reated in res pons e to the...
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This document was uploaded on 02/13/2014.
- Spring '14