Lebanon, whose currency has been pegged to the dollar for 23 years, is ready to float the pound only after it secures billions in aid, Finance Minister Ghazi Wazni said Friday. Speaking to AFP after talks started Wednesday with the International Monetary Fund on a plan to rescue Lebanon’s free ...
Lebanon’s financial prosecutor, judge Ali Ibrahim, interrogated on Friday the head of the cash operations at the Central Bank, Mazen Ibrahim, over the country’s monetary crisis represented by the dramatic drop of the national currency’s exchange rate against the Us dollar. Hamdan is accused of manipulating the dollar exchange rate ...
