VOL. XXXII

NO. 1

10-OCTOBER-1988

Financial and Banking News

REGIONAL BANKING

Lebanese Central Bank Continues Despite Political Turmoil

The Banque du Liban (central bank) has continued its normal operations, bothin buying and selling foreign currency and in paying civil service salaries andother items of government expenditure, despite the existence of two rival administrations in the country. According to the new London-based Arabic dailyAl-Hayat, the bank has been able to continue operations as a...