Lebanon cenbank governor plans to ask new Cabinet to issue currency notes in larger denominations

Reuters

Updated: 22-06-2022 01:28 IST | Created: 22-06-2022 01:28 IST

Lebanon's central bank governor, Riad Salameh, said on Tuesday that he planned to request to issue currency notes in larger denominations once the country has formed a new Cabinet.

"Once the new government is formed, we will send a proposal for a law allowing larger denominations in the Lebanese pound to make it easier to use the pound," Salameh said in a televised interview.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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