SALAMEH: MEASURES TO PROTECT LBP TO BE IMPLEMENTED STARTING MAY 27

Governor of the Central Bank, Riad Salameh, issued on Thursday the following statement:

 

“As of May 27, 2020, the Bank of Lebanon will start implementing the necessary measures to protect the Lebanese Pound, including securing dollars to cover the import of basic foodstuffs, as per a memorandum to be issued in coordination with the Ministry of Economy. Banks can contribute to these operations in coordination with the Bank of Lebanon.”

 

Source: National News Agency

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