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Money Transfers to Be Paid in Lebanese Local Currency Instead of US Dollar (Shutterstock)

January 15th, 2019 - 08:04 GMT

Money Transfers to Be Paid in Lebanese Local Currency Instead of US Dollar

All money transfer offices must pay cash wired electronically from abroad to the recipients in Lebanese pounds only and not in U.S. dollars, Lebanon’s Central Bank announced Monday.

Lebanon's Central Bank boss said yesterday that it has sold $2.2 billion of sovereign Eurobonds

February 21st, 2013 - 08:23 GMT

Lebanon's Central Bank sells $2.6 billion Eurobonds

Lebanon's deputy Central Bank governor has said that the country's financial system is resilient in the face of challenges

January 31st, 2013 - 10:40 GMT

Lebanese financial system showing "resilience"- Central Bank deputy

Lebanese banks should place 15 percent of their deposits in Lebanese pounds at an account at the Central Bank

January 20th, 2013 - 08:03 GMT

Lebanon's Banks to inject much needed liquidity in to the market

Iraq's economy is booming, thanks to increased oil output

January 13th, 2013 - 07:42 GMT

Iraq's economy booming as oil revenues increase

Egypt's foreign reserves dropped by $21 million in December, the Central Bank of Egypt has said

January 7th, 2013 - 03:00 GMT

Egypt: Foreign reserves drop

Central bank introduced loan to value limits on mortgages

January 6th, 2013 - 08:09 GMT

Banks in the UAE demand mortgage law changes

The Central Bank of Egypt is imposing yet more currency controls in an effort to stave of a crisis

December 30th, 2012 - 11:53 GMT

Egypt announces further procedures to stave off currency crisis

The Central Bank of Egypt has warned that foreign reserve levels are at "critical" levels

December 30th, 2012 - 03:00 GMT

Egypt: Foreign reserves at "critical" levels

Central Bank intervened on several stages to buy treasury bills in order to preserve stability

December 2nd, 2012 - 10:39 GMT

6 per cent inflation expected in Lebanon

Top Bankers has urged the Lebanese government to take action over the economy

December 2nd, 2012 - 07:18 GMT

Lebanon: Top banker calls for help

Lebanon’s Central Bank Governor, Riad Salameh, is expected to announce a stimulus package

November 29th, 2012 - 03:00 GMT

Lebanon prepares stimulus as fighting continues in Syria

Small mercies for Lebanon'c Central Bank boss Riad Salameh, as there is no sign of a currency flight after the Achrafieh bombing

October 24th, 2012 - 09:35 GMT

Lebanon: financial markets remain calm despite storm