Thursday, April 25, 2024
Home > Torched

Banks Torched After Pound Taps New Low Versus the US Dollar – Economics Bitcoin News

The Lebanese pound’s fall to its lowest ever versus the U.S. dollar, 80,000 to 1, has piled more misery on residents whose local currency-denominated savings have been decimated by inflation. The ongoing strike by banks demanding the passage of capital control legislation has compounded matters for residents. Lebanese Pound Devaluation According to

Read More