Financial surrealism’: Lebanese opt for beer over banks

lebanese banks financial surrealism opt
Lebanon

Financial surrealism’: Lebanese opt for beer over banks

Largely locked out of their dollar deposit accounts since late 2019 when the Lebanese pound crashed and the banking system buckled amid widespread political protests, some savers see investments in export-focused companies as a way to access hard currency and get something for their "lollars", the nickname for U.S. dollar-denominated deposits #39;trapped#39; in Lebanon#39;s banks.

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