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Ms. Benedicte Vibe Christensen

). The increase was particularly strong between 1982 and 1984. As a large part of the fiduciary accounts is denominated in U.S. dollars, the increase in Swiss franc terms reflects, in part, the appreciation of the U.S. dollar in that period. Table 10. Swiss Banks’ and BIS Banks’ Liabilities to Oil Exporting Countries (End of period) 1983 1 1984 1 1974 1975 1976 1977 1978 1979 1980 1981 1982 A B A B Swiss banks ( In millions of Swiss francs, unless otderwise indicated