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The Lebanese lira has not been affected by the jitters caused the crash of the Turkish currency. Many currencies around the world were caught by the contagion of the crash of the Turkish lira. The Lebanese currency will not be affected because it is well protected by large foreign asset reserves of the Central Bank (BDL), said Marwan Barakat, Chief Economist and Head of Research at the Bank Audi group.
BDL’s foreign asset reserves have reached more than $44 billion, which is equivalent to 82 percent of the Lebanese lira money supply, Bar...more |
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| | | | PROPERTY FINDER | | | | | APARTMENTS FOR SALE | | | | Koraytem.245 m2. 3 Bedroom(s), 1 Salon(s), 1 Dining room(s), 1 Living room(s), 4 Bathroom(s), 1 Maid's Room(s). $1,120,000 | | | | Chanay.100 m2. 2 Bedroom(s), 1 Salon(s), 1 Living room(s), 1 Bathroom(s), $85,000 | | |
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