VOL. XXXIII

NO. 8

27 NOVEMBER 1989

Financial and Banking News

Investment Activities

$466bn OPEC Assets Identified in June

According to figures published by the Bank of England in the November issueof its Quarterly Bulletin, the total identified assets of OPEC members investedabroad increased marginally to $465.9bn during the twelve months up to the endof last June. OPEC countries increased their bank deposits abroad at the expenseof other investments, according to the figures. Banks in the US and...