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BIS Detects Slight Decline in Oil Exporters' Foreign Assets
Assets of Middle Eastern oil exporters held with banks in the reporting area of the Basle-based Bank for International Settlements (BIS) have declined by $1.64bn during the first six months of this year, according to recently released statistics. However, these countries have also run down their debts to banks in the BIS area by $2.48mn, so that they have been net...
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