Lebanon central bank tells banks to make cheap dollar loans to those hit by Beirut blast

Lebanon central bank tells banks to make cheap dollar loans to those hit by Beirut blast

A worker cleans debris in Beirut's Souks shopping district. AFP



Lebanon's central bank on Thursday instructed banks and financial institutions to extend exceptional dollar loans at zero interest to individuals and firms impacted by the Beirut port explosion.

Money transfer houses should distribute transfers from abroad to Lebanon in dollars, the central bank said separately. 

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