VOL. XXXNO. 510-NOVEMBER-1986
Financial and Banking News
BUDGETS AND REVENUES
Middle East Countries Cut Foreign Bank Deposits by $15bn in First Half
Bank deposits held by 18 Middle Eastern countries in the member states of theBasle-based Bank for International Settlements (BIS) were reduced by $15.29bnduring the first six months of 1986, according to data published by the BISrecently. Saudi Arabia was responsible for drawing one third of this total -$5.26bn - from its foreign bank deposits. At...