Articles, Posts & Op-eds TV and radio

Interview with CNBC on Lebanon's exchange rate movements & IMF negotiations, 10 Jul 2020

12 July, 2020

read < 1 minute
image_pdfimage_print

Dr. Nasser Saidi was interviewed on CNBC’s “Capital Connections” by Hadley Gamble on the country’s exchange rate movements, negotiations with the IMF and the reforms required to rescue the economy.
Some comments highlighted below:

The Lebanese pound, which has been pegged to the U.S. Dollar since 1997, has lost 80% of its value on the black market since October.
“There is no longer any policy anchor for the pound,” Nasser Saidi, the country’s former economy minister and vice governor of the central bank, told CNBC’s Hadley Gamble on Friday.
“There is no appetite for reform, no political courage to address Lebanon’s problems,” he added. Saidi compared Lebanon’s political and economic woes to crisis-stricken Venezuela, coining his home country “Libazuela.”

Watch the CNBC interview below:

Read Next

media page

Comments on Syria’s economic reopening vs Lebanon’s crises in The National, 15 May 2026

Dr. Nasser Saidi’s comments on Syria’s reopening and recent GCC investments in contrast with Lebanon’s

15 May, 2026

TV and radio

Panelist in Julius Baer’s webcast “Beyond oil: How the gulf countries in the Middle East are diversifying during conflict”, 6 May 2026

Dr. Nasser Saidi participated in a panel discussion held by Julius Baer on May 6th,

15 May, 2026

media page

Comments on the Trump-Xi meeting & Iran war in The National, 13 May 2026

Dr. Nasser Saidi’s comments on The Trump-Xi meeting & potential discussions on Iran’s oil exports

14 May, 2026