LAWSON WELCOMES REAFFIRMATION OF LOUVRE ACCORD U.K. Chancellor of the Exchequer Nigel Lawson welcomed on Monday the reaffirmation by the U.S. And West Germany of the Louvre accord aimed at stabilising currencies. His office said Lawson had welcomed the outcome of a meeting between U.S. Treasury Secretary James Baker, Bundesbank President Karl Otto Poehl, and West German Finance Minister Gerhard Stoltenberg in Frankfurt. After the meeting, a Bonn finance ministry spokesman quoted Stoltenberg as saying he was confident that foreign currencies could be stabilised at around current levels. The meeting came after Baker criticised West Germany for increasing key interest rates, saying they were not in line with last February's Louvre accord.