VOL. XLIII

No. 20

15-May-2000

LEBANON

Lebanons Financial And Capital Markets Still Under Pressure Ahead Of Israeli Withdrawal

The Central Bank of Lebanon has continued to support the pound by selling additional dollars into the market, according to the Weekly Update of the Middle East Capital Group (MECG) on 8 May. The Central Bank remained a net seller of dollars into the market in an effort to stabilize the Lebanese pound and will continue its monetary stabilization policy, according to the...