The Traderszone Network

Published in TZ Latest News 17 September, 2017 by The TZ Newswire Staff

W/E: BIS says global debt may be understated by $13 trillion

Bank for International Settlements research published Sunday in its latest quarterly report
– Global debt may be under-reported by around $13 trillion
– The research says traditional accounting practices exclude foreign exchange derivatives used to hedge international trade and foreign currency bonds, which leads to the underreporting