The Lebanese Central Bank’s Plan To Unfreeze Deposits, Explained
The Lebanese Central Bank’s Plan To Unfreeze Deposits, Explained
On Sunday, the Lebanese Central Bank announced an unexpected initiative that it said would “relieve†the Lebanese people by allowing them to access frozen deposits in foreign currency. In a statement, the Banque du Liban (BDL) said it was working on launching a plan that would stipulate the gradual unlocking of the deposits that were active before October 2019. The plan, which conforms with the laws and principles that govern the work of the BDL, would also “restore Lebanon’s Arab […]
The post The Lebanese Central Bank’s Plan To Unfreeze Deposits, Explained appeared first on The961.
On Sunday, the Lebanese Central Bank announced an unexpected initiative that it said would “relieve†the Lebanese people by allowing them to access frozen deposits in foreign currency. In a statement, the Banque du Liban (BDL) said it was working on launching a plan that would stipulate the gradual unlocking of the deposits that were active before October 2019. The plan, which conforms with the laws and principles that govern the work of the BDL, would also “restore Lebanon’s Arab […]
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