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Lebanon central bank governor says currency stable
November 5, 2017 / 10:59 AM / a month ago

Lebanon central bank governor says currency stable

BEIRUT (Reuters) - Lebanon’s central bank governor affirmed the stability of the Lebanese currency on Sunday in a statement carried by the state-run National News Agency following the surprise resignation of prime minister Saad al-Hariri.

Lebanon's Central Bank Governor Riad Salameh speaks during an interview with Reuters at his office in Central Bank in Beirut, Lebanon October 24, 2017.REUTERS/Jamal Saidi

Governor Riad Salameh cited financial operations carried out by the central bank and the cooperation with the banking sector in his assessment. The Lebanese pound is pegged at a rate of around 1,500 to the dollar.

Reporting by Angus McDowall; editing by Mark Heinrich

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