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Dollar falls, euro close to highest level in 9 months
January 25, 2023
The dollar hovered near a nine-month low to the euro and lost recent gains against the yen on Tuesday, as traders weighed the risks of a US recession......
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Bank of Japan undeterred by threat to consumers from above-target inflation
January 24, 2023
In the eyes of Japanese consumers, the Bank of Japan, the guardian of price stability, may look out of touch with the reality they face in everyday......
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Lebanese pound sinks to record low of 50,000 pounds to U.S dollar
January 20, 2023
BEIRUT - The Lebanese pound on Thursday hit a new record low of 50,000 pounds per U.S. dollar, currency exchange dealers told Reuters, marking a......
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Parliamentary committees approve capital control law
January 17, 2023
The Joint Parliamentary Committees on Monday approved the capital control draft law and referred it to parliament for a final vote, Deputy Speaker......
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Depositor fires gunshots at BLOM bank in Sidon
January 11, 2023
A depositor fired gunshots at the closed door of BLOM Bank in Sidon on Tuesday in an attempt to storm the bank. Mohammad, a member of the Lebanese......
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Central Bank explains how to calculate daily trading volume on ''Sayrafa'' platform
January 9, 2023
NNA - Central Bank issued this morning an explanatory statement about the daily trading on the 'Sayrafa' platform, stressing that 'the......
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China, Philippines agree to boost trade, handle disputes peacefully
January 6, 2023
China and the Philippines have agreed to set up a direct communications channel between their foreign ministries on the South China Sea to handle......
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Flat6Labs, Wio Bank sign MoU to enhance SME-centric banking
January 4, 2023
Flat6Labs, a leading seed-stage programme and early-stage venture capital firm, and Wio Bank, the region’s first platform bank, have signed......
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Salameh tells citizens to head to AMBank to benefit from 38,000 rate
December 29, 2022
Central Bank Governor Riad Salameh on Wednesday said citizens can head to any AMBank branch to carry out Sayrafa currency exchanges at the LBP 38,000......
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European Central Bank joins Fed in easing pace of rate hikes
December 16, 2022
The European Central Bank slowed its record pace of interest rate hikes only slightly Thursday, joining the U.S. Federal Reserve and other central......
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