VOL. XXXIII
NO. 7
20-NOVEMBER-1989
Financial and Banking News
Budgets and Revenues
Mid-East Foreign Deposits Up, Borrowing Down in First Half
Figures recently published by the Basle-based Bank for InternationalSettlements (BIS) reveal that during the first half of this year aggregate bankborrowing by Middle Eastern countries declined to $98.5bn from $102.8bn at theend of last year, and that deposits held with commercial banks in non-communistindustrialized countries have increased to $202.5bn from...
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