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Circular on Lebanese Pound-Dollar Exchange
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Circular on Lebanese Pound-Dollar Exchange

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Questions and Answers

What did the Central Bank do to contribute to stability in the exchange rate?

  • Issued a circular allowing the exchange of Lebanese pound entitlements for dollars
  • Prepared for important elections
  • Reduced the exchange rate in the parallel market
  • Extended the work of a circular allowing the exchange of Lebanese pound entitlements for dollars (correct)

    • What is one of the challenges that Lebanon is currently facing?

  • Economic growth
  • Political stability
  • Currency appreciation
  • Further collapse of the national currency (correct)

    • What is the upcoming phase in Lebanon mentioned in the text?

  • Political ambiguity
  • Economic stability
  • Currency exchange
  • Formation of a new government (correct)

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