Rolexes and cars; Lebanese spend big to prise savings from the bank
When she heard Lebanese banks
would limit cash withdrawals, Rita, a doctor, rushed out to buy
a $10,000 Rolex watch on her credit card, anxious to protect
some of her savings. “It’s better than keeping my money in the
bank,” she said.
would limit cash withdrawals, Rita, a doctor, rushed out to buy
a $10,000 Rolex watch on her credit card, anxious to protect
some of her savings. “It’s better than keeping my money in the
bank,” she said.
Posted by Reuters