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, ...
Lebanon’s national currency reached an all-time low of 100,000 to the US Dollar on Tuesday, as banks resumed their open-ended strike in protest at a succession of judicial decisions against the embattled financial sector. The Lebanese pound is now trading at 100,000 to one US dollar on the parallel market, ...
