Lebanese central bank caps interest rates on deposits- Lebanese media – ZAWYA

  • Date: 14-Feb-2020
  • Source: Zawya
  • Sector:Economy
  • Country:Lebanon
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Lebanese central bank caps interest rates on deposits- Lebanese media – ZAWYA

Traders are seen busy working in BEMO Bank's dealing room before the end of Beirut's stock exchange trading session in Beirut, Lebanon in this April 3, 2006. BEIRUT- The Lebanese central bank has set an interest rate cap of 4% on dollar bank deposits and a cap of 7.5% on Lebanese pound deposits, according to a circular reported by several major Lebanese news outlets on Thursday.. (Reporting by Ellen Francis; Writing by Tom Perry; editing by John Stonestreet) (([email protected]; Reuters Messaging: [email protected])).