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Lebanon sets new exchange rate, dramatically devalues pound

BEIRUT (AP) Three years into a crippling financial crisis, Lebanon's Central Bank on Wednesday set a new exchange rate that effectively devalued the country's currency by 90% but did little to bridge the gap with the soaring black market rate.

Sami zoughaibInternational monetary fundLebanon central bank onCentral bank sayrafaCentral bankLebanon central bankFinance ministryPolicy initiativeMiddle east

Lebanon sets new exchange rate, dramatically devalues pound

Lebanon’s Central Bank has set a new exchange rate that effectively devalues the country’s currency by 90% but did little to bridge the gap with the soaring black market rate

Sami zoughaibInternational monetary fundLebanon central bank onCentral bank sayrafaCentral bankLebanon central bankFinance ministryPolicy initiativeFinancial servicesEneral news

Lebanon sets new exchange rate, dramatically devalues pound

Lebanon sets new exchange rate, dramatically devalues pound
sandiegouniontribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegouniontribune.com Daily Mail and Mail on Sunday newspapers.

Sami zoughaibInternational monetary fundLebanon central bank onCentral bank sayrafaCentral bankLebanon central bankFinance ministryPolicy initiative

Lebanon s depositors to regain access to up to $800 a month |

Lebanon’s Central Bank on Friday said depositors with accounts active as of October 2019 would be able to withdraw up to $400 a month plus the equivalent amount in local currency.

Lebanon central bank onCentral bankலெபனான் மைய வங்கி ஆன்மைய வங்கி

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