November 5, 2017 / 10:59 AM / a year ago

Lebanon central bank governor says currency stable

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

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.

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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