Lebanon currency in free-fall amid political impasse

Lebanon currency in free-fall amid political impasse

Seattle Times

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BEIRUT (AP) — Lebanon’s currency continued its downward spiral Wednesday, reaching a new low before the dollar and raising such alarm that it prompted a powerful politician to call for a state of “financial emergency.” The Lebanese pound was reportedly selling at 6,200 to the dollar, losing more than 75% of its value. The pound […]

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