The Central Bank (BDL) intervened to support the lira after the resignation of Prime Minister Saad Hariri but the market has reversed and BDL is now buying dollars, BDL Governor Riad Salameh said, according to Reuters.
The turnaround came following Hariri's return to Lebanon and his decision to put his resignation on hold. These developments also triggered a rebound of the Eurobond prices on the global markets. The price of Solidere shares on the Beirut Stock Exchange also recovered after...
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