World’s Biggest Currency Crash Prompts Lebanon to Intervene Anew
This article is for subscribers only.
Sign up for our Middle East newsletter and follow us @middleeast for news on the region.
Lebanon’s central bank is taking a page from a playbook it’s used before to try and douse the currency crisis raging in the country for three years with a plan to price dollar sales at a weaker level than its own official exchange rate.