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View Full Version : Lebanon Weathers Worst Mideast Selling in Year as Union Buys: Arab Credit - Bloomberg



NewsWhore
10-06-2011, 07:10 AM
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Lebanon Weathers Worst Mideast Selling in Year as Union Buys: Arab Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFbiTzSMW4okAZZM-aYPsYoChhxzw&url=http://www.bloomberg.com/news/2011-10-05/lebanon-weathers-worst-mideast-selling-in-year-as-union-buys-arab-credit.html)
Bloomberg
About 66 percent of deposits are in foreign currencies, said Salameh, the central bank governor, who now sees demand for local-currency deposits rising. “The demand for the Lebanese pound and the Lebanese paper has increased,” he said yesterday. ...

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