VOL. XLI

No. 02

12-January-1998

LEBANON

Siniora Says Lebanon Is Committed To Stable Exchange Rates AndCurrency Convertibility

Lebanon is determined to maintain its policy of stable exchangerates despite pressure on the Lebanese pound in the past three months, according to theLebanese Minister of State for Financial Affairs, Mr. Fuad Siniora. In an interview on 31December in Beirut with MEES publisher Basim Itayim, Mr. Siniora said "thereis no deviation from our policy of stable exchange rates"...