Lebanon’s currency crisis wasn’t an accident—it was the result of structural failure. This video explains how the system ...
To fix the situation, Lebanon’s cabinet is passing a so-called “gap law” that’s expected to be signed by the prime minister and president before heading to parliament for debate. Here’s everything you ...
The IMF has previously expressed frustration over more than half a decade of talks with Lebanon that have yet to produce an approved recovery plan aimed at reforming the economy and restoring investor ...
BEIRUT — Lebanon’s Cabinet on Friday approved a draft law to determine the extent of losses suffered by Lebanese banks during the country's financial meltdown in 2019 and provide a mechanism to return ...
(Bloomberg) -- Lebanon’s foreign-exchange reserves dropped for the first time in more than a year as the central bank spent dollars to prop up the pound after weeks of war. Banque du Liban’s reserves ...
Syria’s decision to amend its currency has reignited a broader debate about the relationship between a currency’s form and ...
BEIRUT (Reuters) - Lebanese banks are pulling out the stops to bring in dollars as the country strives to preserve a two-decade old currency peg, offering high returns to customers willing to change ...
BEIRUT — Lebanon appointed asset manager Karim Souaid to the post of central bank governor Thursday as the government tries to reform the economy after months of war and decades of mismanagement and ...
BEIRUT -- Lebanon's Cabinet on Friday approved a draft law to determine the extent of losses suffered by Lebanese banks during the country's financial meltdown in 2019 and provide a mechanism to ...