UPDATE 3-Lebanon lowers pound exchange rate more than 50% at transfer firms, source says
23 Apr UPDATE 3-Lebanon lowers pound exchange rate more than 50% at transfer firms, source says
Posted at 09:24h
in
News
by KMFSLLP
The Lebanese central bank set
an exchange rate of 3,625 Lebanese pounds per dollar to be
applied by money-transfer firms on Friday, a central bank source
said, 58% weaker than the official peg as the country grapples
with a financial crisis.
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