Financial and Banking News


Lebanese Reserves Fall Again 

The foreign exchange reserves of the Lebanese government, which had recovered earlier this year (MEES 15 July), have again resumed their decline and reached $879mn by 15 September according to figures published in the local press and attributed to the country's central bank, the Banque du Liban. The previous month reserves stood at $904.3mn, while on 15 June they were $1,009mn. The country's foreign...