VOL. XLIII

No. 23

5-June-2000

ISRAEL

Israeli Withdrawal From Southern Lebanon Strengthens Pound

With Israels withdrawal from southern Lebanon, stability has returned to Beiruts financial and money markets after weeks of pressure (MEES, 1 May). "Thecurrency market was liberatedto a certain extent fromthe pressure which dominatedactivities in the previous weeks amid fears of instability in view of the upcoming Israeli pullout," Rania Fathallah, a senior research analyst at Middle East Capital...