Mohamad Faour
@Mohdfaour89
Postdoc fellow in Finance @SmurfitSchool. Not an expert. Confused Lebanese stranded between Ireland & Lebanon. My tweets occasionally make sense. I block trolls
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*THREAD* So @PaulaYacoubian suggested a Currency Board. While in theory it's a nice idea, it would simply not work in #Lebanon now. Why?
If true, depositors who hold $ accounts may now be allowed to withdraw LBP at the parallel market rate. This probably signals some or all of the following: 1. An acknowledgement th...