Dr. Nasser Saidi’s comments on the Lebanese pound and fluctuations appeared as part of the Reuters article titled “Lebanese pound changes hands near 5,000 per dollar, market sources say” published on 11th June 2020. Comments are posted below.
Nasser Saidi, a former economy minister, said the pound’s decline had accelerated because of increased demand for dollars in neighbouring Syria, where the local currency has also hit record lows as new U.S. sanctions are set to come into effect. “There is the beginning of panic in Syria over the availability of dollars. This has transferred itself into increased demand in the Beirut market,” he said.
Comments on Lebanon’s currency fluctuations in Reuters, Jun 11 2020
12 June, 2020
read < 1 minute
Read Next
TV and radio
Interview with Al Arabiya (Arabic) on economic diversification, 17 Apr 2024
In this interview with Al Arabiya aired on 17th April 2024, Dr. Nasser Saidi discusses
18 April, 2024
media page
Comments on Saudi Arabia’s economic diversification in Al Arabiya News, 8 Apr 2024
Dr. Nasser Saidi’s comments appeared in an Al Arabiya News article titled “Saudi Arabia’s economic
9 April, 2024
media page
“Economic diversification is the GCC’s top priority”, Op-ed in Arabian Gulf Business Insight (AGBI), 3 Apr 2024
The opinion piece titled “Economic diversification is the GCC’s top priority” appeared in the Arabian
4 April, 2024