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Dan Azzi

Quis custodiet ipsos custodes?


July 21st, 2019 1

The devaluation of the Lebanese Dollar

[This article was first published in An-Nahar in July 2019] I know what you’re thinking — my editor missed a typo and the title should be “Devaluation of the Lebanese Lira.” It’s pretty clear, with the balance of payment (BoP) deficit (binging on imports, i.e. US dollars leaking outside the country month after month); that we’re heading [...]

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