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BIS global liquidity indicators at end-December 2017

Foreign currency credit continued to grow during 2017, with US dollar credit rising by 8% to $11.4 trillion and euro credit by 10% to €3.0 trillion. US dollar credit to emerging market economies (EMEs) rose by 10% in the year to end-2017, led by strong issuance of international debt securities, which grew by 22%. […]