Lebanese pound is stable and will remain stable: Central bank governor

Author: 

Reuters

ID: 

1556781793495557500

Thu, 2019-05-02 07:20

BEIRUT: The Lebanese pound is stable and will remain so, central bank governor Riad Salameh said on Thursday, according to the Lebanese presidency’s Twitter feed.
“The Lebanese lira (pound) is stable and will remain stable and the central bank will support housing loans and (loans) for the productive sectors,” Salameh said at the presidential palace in Baabda.
The Lebanese pound has been pegged against the US dollar at its current level for more than two decades.

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Business & Economy

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Lebanon

lebanese pound

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