Lira peg articles

Leaked Lebanese government reform plan addresses lira peg head on

Leaked Lebanese government reform plan addresses lira peg head on

Reading Time: 15 minutes “The existing dual exchange rate is not suited for the long-term recovery of the Lebanese economy, because of its distortionary nature and the limited availability of FX-resources in the parallel market.”   The Lebanese Government’s reform program, April 6 draft Chained to the dollar for the longest time under a policy favoring partisan interests—but not Lebanon’s

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