Lebanon’s money dealers agree to exchange limits

Lebanon’s money dealers agree to exchange limits

BEIRUT: Lebanon's licensed money changers returned to work on Wednesday after a month-long strike, saying they will adhere to price ceilings for the buying and selling of US dollars.. Money dealers agreed to buy US dollars for a minimum of 3,950 Lebanese pounds and sell at a top rate of 4,000 pounds.. The pound has fallen by about 60 percent from the official exchange rate of 1,507.5 pounds since October, with US dollars becoming increasingly scarce.. Ninety foreign currency dealers closed by authorities for breaking exchange rate rules were allowed to reopen on Wednesday.. The batch of almost 7,000 COVID-19 test kits provided to Yemen by the WHO are the same PCR test kits provided to over 120 countries. Yemeni Prime Minister says the Houthis have suppressed information about the pandemic. In a statement seen by Arab News, the WHO said that the kits were made in Germany and have been used in 120 countries.. Speaking at the virtual donors conference hosted by Saudi Arabia on Tuesday, Yemeni Prime Minister Maeen Abdulmalik Saeed said the Houthis have suppressed information about the pandemic, and intimidated Yemeni doctors and relatives of coronavirus patients who might speak out about their ordeal.. When the