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Casting doubts on Lebanon’s pound peg
Lebanon’s central bank Governor Riad Salameh said “no one knows” which way the country’s exchange rate is heading, suggesting the Lebanese pound’s peg to the dollar is under threat. “When I spoke in the past, the dollar hadn’t reached 2,000 Lebanese pounds” in the black market, Salameh said, when asked…
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Click here to read the full story: Gulf News