Financial and Banking News


Increase in OPEC Investments Reported 

The estimate for the combined current account of OPEC member countries during the first half of 1984 has been revised upwards by the Bank of England in the December 1984 issue of its Quarterly Bulletin. According to the latest figures, the oil exporters registered a small surplus in the first quarter, which by the end of June had increased to a total of $5.5bn. This belies earlier estimates by the...