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Tag: capital controls

Lebanon: Shoura Council condemns banks to grant depositors foreign currency

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The State Shura Council issued a decision stopping the implementation of the basic circular issued by the Governor of the Banque du Liban on...
The main entrance of the Banque du Liban (BDL) Photo credit: Libnanews.com, all rights reserved

Banque du Liban to provide banks with 12,000 LL / USD dollars

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The Bank of Lebanon has reportedly indicated that it will provide local banks with dollars at the opening rate of its Sayrafa electronic platform,...
The headquarters of the Association of Banks of Lebanon after the explosion of the Port of Beirut. Photo Credit: Libnanews.com

Student dollar: banks say they have transferred 240 million to 30,000 students

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The Association of Banks in Lebanon indicates that $ 240 million was transferred during the period 2019-2021 in favor of 30,000 Lebanese students based...

$ 6 billion illegally transferred out of Lebanon (Foreign Policy)

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Foreign Policy magazine says $ 6 billion has been illegally transferred out of Lebanon in recent months , following pressure from politicians on local...

Protest and road cut off in front of the Bank of Lebanon

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Protesters cut off traffic outside the Bank of Lebanon headquarters in Hamra. Protesters protest against the blocking of their funds by informal monitoring of payments...