Lebanon's pound hits a new low as banks go back on strike

Lebanon's pound hits a new low as banks go back on strike

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BEIRUT -- Lebanon's embattled currency hit a new low Tuesday, trading at an unprecedented 100,000 Lebanese pounds to the dollar on the black market as the crisis-hit country's banks went back on strike. The pound has kept sinking since Lebanon's financial meltdown erupted in 2019, following…

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