Lebanon’s coronavirus lockdown piles pressure on flagging currency
The battered Lebanese pound has
weakened even more during a coronavirus lockdown, with banks
blocking access to already scarce dollars, forcing up their
price on the parallel market and the cost of imports the heavily
indebted country relies on.
weakened even more during a coronavirus lockdown, with banks
blocking access to already scarce dollars, forcing up their
price on the parallel market and the cost of imports the heavily
indebted country relies on.
Posted by Reuters
