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Al Jazeera
Al Jazeera
World
Zeina Khodr

Lebanon central bank to secure US dollars

Lebanon central bank to secure US dollars

Lebanon's central bank says it will secure US dollars at a fixed rate to pay for imported goods, in a bid to ease food and fuel shortages, as well as demand on the dollar.

But many now fear a drop in the value of the local currency will worsen an already dire economic situation.

Al Jazeera's Zeina Khodr reports from Beirut.

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