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Beirut reference rate lowered to 5.75% for dollars – banking association
Lebanon's banking association said on Wednesday that the Beirut Reference Rate was reduced to 5.75% for U.S. dollars and to 7.75% for Lebanese pounds. The statement said this was down from 9.35% for U.S. dollars and 12.45% for Lebanese pounds at the start of the year. It said the reduction…
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