Lebanon delays new FX platform due to tensions in south, says c.bank source

Lebanon delays new FX platform due to tensions in south, says c.bank source
  • Country:
  • Lebanon

Lebanon was forced to delay the launch of a new currency exchange platform run through Bloomberg due to months of shelling across the country's southern border between armed group Hezbollah and Israel, a senior central bank source told Reuters on Wednesday.

"What delayed us was the problems in the south and the inability (of foreigners involved in the launch) to come to Lebanon," the source said.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.