Lebanon's Salameh says currency 'stable'

Lebanon's currency is stable and its banks' reserves remain liquid despite the ongoing Israeli bombing campaign, the central bank governor said in an interview with Britain's Financial Times newspaper published Monday 24 July.

Amid concern that banks were not allowing withdrawals of dollars, Riad Salameh said that the U.S. currency was "going to be brought in by sea with international agreement, under U.S. protection."

Salameh told the FT that the central bank was committed to the stability of the

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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