VOL. XLII

No. 26

28-June-1999

LEBANON

Continuity At Lebanon痴 Central Bank Boosts MarketConfidence

The re-appointment of Mr. Riad Salamah as Governor of theCentral Bank of Lebanon for a further six-year term will lend an element ofcontinuity and stability to the banking sector as well as the country痴currency, say bankers in Lebanon. Immediately following the announcement of therenewal of Mr. Salamah痴 mandate, financial circles in Lebanon demonstratedtheir support for the decision with an increase...