VOL. XLIV
No 36
3 September 2001
LEBANON
Lebanon FX Reserves Down $234Mn In First Half August As Central BankSupports Pound
Lebanons foreign exchangereserves fell by $234mn in the first half of August, according to data releasedby the Central Bank, highlighting the resurgent pressure on the pound in localmarkets early in the month. According to BanqueAudis latest weekly economic report dated 19 August, the foreign exchangemarket saw the demand for the US dollar shooting to its highest level since...
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