Abu Ali Express

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Lebanon: The Kordahi Effect wears off

This article is in continuation of our previous article

For the second time in history, the Lebanese lira crossed the threshold of 25,000 liras per one US dollar.

Thus wore off the effect of Information Minister George Kordahi’s resignation, which caused a temporary strengthening of the lira, in hopes that the economic ties between Lebanon and Saudi Arabia would return to normal; this has not proved to be the case.

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