January 13, 2020 / 5:34 AM / 7 days ago

Lebanon's central bank denies saying banks could convert dollar deposits

DUBAI, Jan 13 (Reuters) - Lebanon’s central bank governor denied saying that Lebanese banks could change U.S. dollar deposits to Lebanese pounds, as the country’s economy faces a hard currency crisis.

“I did not say, at any time, that banks can convert deposits they have in dollars to Lebanese pounds,” Riad Salameh said in a statement released on Sunday.

Reporting by Maher Chmaytelli; Editing by Edmund Blair

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