financial crisis

The economic malaise
Opinion

The economic malaise

Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term ...
Updated 28 Mar, 2023 06:52am
Lebanese central bank launches new foreign exchange system
Business & Finance

Lebanese central bank launches new foreign exchange system

  • President Michel Aoun said in March that banks would be allowed to handle transactions at market rates, but the central bank has only issued mechanisms in past weeks for the exchange platform.
  • It did not say whether customers would in future also be able to use the central bank's new Sayrafa platform to receive Lebanese pounds when selling dollars at a similar rate.
Published 20 May, 2021 06:48pm