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ASIAN DOLLAR ASSETS EXCEED 200 BILLION DLRS
The Asian dollar market continued to
expand in December with total assets and liabilities rising to
200.60 billion U.S. Dlrs from 188.54 billion in November and
155.37 billion in December 1985, the Monetary Authority of
Singapore said.
It said the increase came mainly from interbank activity,
with interbank lending rising to 146.61 billion dlrs in
December from 134.76 billion in November and 104.93 billion in
December 1985.
Interbank deposits increased to 158.52 billion dlrs against
147.95 billion and 120.03 billion, respectively.
Loans to non-bank customers increased in December to 38.74
billion dlrs from 38.64 billion in November and 37.44 billion
in December 1985.
Deposits by non-bank customers rose to 33.81 billion dlrs
against 33.60 billion and 28.02 billion.