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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Association of Banks in Lebanon: There is no danger to monetary stability from Hariri's resignation

rocky
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 Association of Banks in Lebanon: There is no danger to monetary stability from Hariri's resignation Empty Association of Banks in Lebanon: There is no danger to monetary stability from Hariri's resignation

Post by rocky Sun 05 Nov 2017, 6:49 am

[size=30]Association of Banks in Lebanon: There is no danger to monetary stability from Hariri's resignation[/size]
05/11/2017 12:30 | Number of readings:
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Trend Press / Agencies

The head of the Association of Banks in Lebanon Joseph Tarbi said on Sunday that there is no direct threat to the monetary stability of Lebanon from the sudden resignation of Prime Minister Saad Hariri on Saturday.
"The pound is supported by huge reserves in the central bank, confidence in the Lebanese banking sector and the continued functioning of institutions.
Lebanon's banking sector supports its fragile economy and the pound is pegged to the dollar at 1507.5 lira.
 



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