MILAN, June 8 The Bank of Italy's liabilities towards other central banks of the euro zone fell in May to 164 billion euros ($183 billion) from 177 billion euros a month earlier, data showed on Monday.
The Bank of Italy's position within the Target 2 system, which settles cross-border payments in the euro zone, is monitored because its rising can be a sign of financial stress. Seasonal factors can also affect it.
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