UPDATE 3-Lebanon lowers pound exchange rate more than 50% at transfer firms, source says
The Lebanese central bank set
an exchange rate of 3,625 Lebanese pounds per dollar to be
applied by money-transfer firms on Friday, a central bank source
said, 58% weaker than the official peg as the country grapples
with a financial crisis.
an exchange rate of 3,625 Lebanese pounds per dollar to be
applied by money-transfer firms on Friday, a central bank source
said, 58% weaker than the official peg as the country grapples
with a financial crisis.
Posted by Reuters
