Lebanese depositors took to streets in the capital on Friday as employees of its state-run telecoms company Ogero began an open-ended strike to demand pay increases reflecting the drastic low of the national currency. The “Depositors’ Cry” association carried out a sit-in in front of the Lebanese Central Bank in ...
Lebanon’s seemingly endless economic turmoil has sent the Lebanese lira (pound) to a new record low on Monday, plunging Lebanese citizens into more distress. Dealers reported that the Lebanese lira was trading 117,000 LBP to the US Dollar at noon on Monday. The low on Monday comes less than a ...
