VOL. XXXII
NO.34
29-MAY-1989
Financial and Banking News
BUDGETS AND REVENUES
Bank of England Sees Recovery in OPEC Surplus
The stock of identified funds invested abroad by oil-exporting countrieshalted its decline during the second half of 1988, according to the Bank ofEngland's Quarterly Bulletin for May. The total identified deployment of suchfunds stood at $464.5bn at the end of 1988, compared with $455.5bn at the end ofJune 1988 (MEES, 20 February). However, when compared with the stock of...
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