No 6



CBL Governor Sees Positive Economic Indicators In Lebanon

The Central Bank of Lebanon (CBL) has bought more than $3bn from the local market since May 2002 to maintain stability in the exchange market as a result of increased demand for the Lebanese Pound, according to the CBL Gov- ernor Riad Salamah. In an interview with the Arabic daily al-Hayat of 4 February, Mr Salamah said that the balance of payments for 2002 had registered a surplus of $1.5bn, of which...