Financial and Banking News


Arab States' Foreign Liquidity Improves in 1985 

Figures recently released by the Bank for International Settlements (BIS) in Baste indicate that during 1985 the liquidity position of most Arab states improved somewhat, since they were able to build up their deposits with banks in the BIS-reporting area (mainly the industrialized countries). In some cases, notably Algeria and Iraq, the increase in foreign holdings was achieved at...