UPDATE 1-Bank of Italy's liabilities fall to 177 bln euros in April

May 8, 2015 12:46 PM

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MILAN May 8 (Reuters) - The Bank of Italy's liabilities towards other central banks in the euro zone fell to 177.2 billion euros in April, from 191.5 billion euros in March, data showed on Friday.

The liabilities, measured by the euro zone's Target 2 system, have been watched closely since they rose sharply in the second half of 2014 with some analysts raising concerns of possible capital flights.

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