Rating agency positive on Lebanon reserves

Leading international rating agency Standard & Poor's said on Monday 21 February that Lebanon's central bank foreign currency reserves will not be affected in the short term by the murder of former Premier Rafik Hariri.

"The credit rating of Lebanon (B-/stable/C) should weather the near term financial and political pressures resulting from the assassination of Hariri," Standard & Poor's (S&P) said in a statement.

"A favorable economic conjuncture, underpinned by replenished reserves, accelerati

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