Lebanon has a new central bank governor. But critics say he’s too close to traditional powers who created the crisis.

Report by Theresia Rahme, English Adaptation by Karine Keuchkerian Leading the world's weakest currencies, the Lebanese lira ...

Clifford Chance's delegation met with Lebanese President Aoun to discuss solutions for Lebanon's financial crisis.

Lebanon's Finance Minister Yassine Jaber has put forward three names for consideration in selecting a new Central Bank ...

Due to what has been described as "the banking sector collapse," the Lebanese lira has plunged to an all-time low at 10,000 per dollar compared to 1500 that had been set by the central bank prior ...

The Lebanese Minister of Treasury, Foaud Saniora, strongly rejected a possible devaluation of the local currency, reported Al-Hayat . Saniora asserted his refusal of any lira devaluation in the ...

Banks also convinced depositors to convert their U.S. dollars to lira, the Lebanese currency, using articial conversion rates, according to lawyers who called it a "bait and switch." The lira has ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...