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INTERNATIONAL BANKING

Aba al-Khail Calls for Free Trade and Capital Flows

Speaking on behalf of the Arab member states of the Inter- national Monetary Fund (IMF) and World Bank, the Saudi Min- ister of Finance and National Economy, Mr. Muhammad Aba al-Khail, last week called for freer trade and capital flows. In an indirect reference to the US, Mr. Aba al-Khail said: "it is essential that all countries, particularly the reserve currency nations, refrain...