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Tag: Lebanon

Lebanon to devalue currency by 90% on Feb. 1, central bank chief says

Posted on February 1, 2023 by forex10

BEIRUT, Jan 31 (Reuters) – Lebanon will adopt a new official exchange rate of 15,000 pounds per U.S. dollar on Feb. 1, central bank governor Riad Salameh said, marking a 90% devaluation…

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