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the central bank of Lebanon

the central bank of Lebanon latest

Lebanon Central Bank Requesting "Exceptional Regulatory Prerogatives"
January 13th, 2020 - 11:21 GMT

Lebanon Central Bank Requesting 'Exceptional Regulatory Prerogatives'

Since September, Lebanon Banks have arbitrarily capped the amount of dollars customers can withdraw or transfer abroad, sparking fury among clients who accuse them of holding money hostage. Lebanon's under-fire central bank chief is requesting special prerogatives to legitimise and regulate controversial controls imposed by banks on transactions in the crisis-hit country, two banking sources said Sunday. If granted such powers, Riad Salameh would be able to provide official cover ...
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