Minister of Information Ziad Makari informed Megaphone co-founder Jean Kassir on Tuesday that Public Prosecutor Ghassan Oueidat had retracted his...
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65% of deposits in Lebanon are in U.S. dollars, and 72% of loans are denominated in U.S. dollars. Lebanese banks are in need of correspondent banks in the U.S. to clear their transactions in U.S. dollars.
The risks of collapse for Lebanon's national currency evaluated in 7 key points by one of Lebanon top macro economists.