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Hani Bohsali

Hani Bohsali latest

Lebanon: Pound Plummets to Record Low, Trading Over 6,000 to the USD
June 24th, 2020 - 09:00 GMT

Lebanon: Pound Plummets to Record Low, Trading Over 6,000 to the USD

Lebanon’s pound currency fell to new lows on Tuesday, trading above 6,000 to the dollar on a parallel market, according to market participants, as a severe dollar crunch further eroded its value. President Michel Aoun said earlier this month that the central bank would begin using limited dollar reserves to support the pound after a sharp fall sparked fresh public protests. The pound has lost about 75% of its value ...
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 Arab World: COVID-19 Lockdown Triggers Food Shortages Fears
April 19th, 2020 - 11:15 GMT

Arab World: COVID-19 Lockdown Triggers Food Shortages Fears

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