Lebanon’s Central Bank governor defends his role amid crisis

  • Date: 29-Apr-2020
  • Source: Egypt Independent
  • Sector:Economy
  • Country:Lebanon
  • Who else needs to know?

Lebanon’s Central Bank governor defends his role amid crisis

BEIRUT (AP) - Lebanon's Central Bank governor defended himself Wednesday against scathing criticism, claiming there is a "systematic campaign" meant to hold him responsible for the country's recent financial crisis and the collapse of the national currency.. Salameh was responding to accusations made by Lebanese Prime Minister Hassan Diab last week in which he held the governor responsible for the downward spiral and accused him of pursuing "opaque" policies that sent the pound crashing against the dollar.. Diab urged Salameh to speak openly to the public about the financial crisis, hinting that the governor has intentionally engineered the crash of the pound.. Image: An anti-government protester confronts police with a stone during a protest against the deepening financial crisis, in Beirut, Lebanon, Tuesday, April 28, 2020..