Question

discuss the supply and demand of currencies in Lebanon.

discuss the supply and demand of currencies in Lebanon.

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Answer #1

The central bank of Lebanon was indeed able to read the global economy and interact by raising the “Reserve Ratio Banking” in Lebanon to 30% and this process aids a lot in slowing down the creation of new currency by decreasing the amounts of loans created through banks which in turn gets to reduce the slow down of imported inflation in Lebanon. This is all about the supply of currency in Lebanon. Lebanon is a country indeed known for war and also instability. Therefore the demand for currency is quite less there on the whole.

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