Financial and Banking News


Bank of England Detects $5bn OPEC Surplus in 1984 

The aggregate current account surplus of OPEC countries reached $4.9bn in 1984, according to figures published in the June issue of the Bank of England's Quarterly Bulletin. The surplus occurred during the first half of the year, with a marked deterioration in the OPEC countries' current account during the final quarter of the year. According to the report, details of which are...