Lebanon Scoops New Deposits in $1.4 Billion Boost to Reserves

Lebanon Scoops New Deposits in $1.4 Billion Boost to Reserves

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the Lebanese Central Bank's efforts to stabilize the currency by maintaining the peg between the dollar and the Lebanese pound. It highlights the role of private non-resident deposits in boosting reserves and improving the balance of payments. The Central Bank's financial strategies, including attractive interest rates, are explained. The transcript also touches on the lack of concrete financial support from international governments and the Central Bank's role in managing government debt and ensuring monetary stability.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the central bank plan to support the solvency of the state?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential future plans regarding new issues by the government?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are linked to the foreign liquidity situation in Lebanon?

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