Lebanon’s seemingly endless economic turmoil has sent the Lebanese lira (pound) to a new record low on Monday, plunging Lebanese citizens into more distress. Dealers reported that the Lebanese lira was trading 117,000 LBP to the US Dollar at noon on Monday. The low on Monday comes less than a ...
Lebanese Central Bank Governor Riad Salameh on Thursday attended a hearing into accusations of embezzling public money the Justice Palace, a day after he refused to show up before a European legal team. It is the first time Salameh, who has run the bank for six terms spanning 30 years, ...
