VOL. XXXIX

No. 32

5-May-1996

LEBANON

Central Bank Of Lebanon Committed To Stability In Forex Market

The Central Bank of Lebanon intervened on the foreign exchange market during last month's Israeli attacks on Lebanon in an effort to stabilize the foreign exchange and financial markets, the first Vice Governor of the Central Bank, Dr. Nasir Sa'idi, told Beirut's business weekly Eco News of 29 April. In a wide ranging interview with the weekly, Dr. Sa'idi said: "We cannot allow such...