For most of the earlier post World War II era, the correlation between domestic saving rates and domestic investment rates across the world's major economies, a conventional measure of home bias, was exceptionally high.4 For the member countries of the Organization for Economic Cooperation and Development (OECD) , the GDP-weighted correlation coefficient was 0.97 in 1970.
•  The proportion of bank deposits denominated in KM is also growing, though more than 50% are still denominated in foreign currency. •  The KM has remained fully convertible in BH since it was introduced. •  The stability of the KM has been an important element in increasing the level of foreign direct investment coming into BH.