BY INVITATION
Dr Azar is full professor of economics and finance at Haigazian University. The views expressed in this note are those of the author and do not necessarily represent the views of BLOMINVEST Bank.
Lately, voices have been echoed in the press, and in legal circles, that the parallel or black market for foreign exchange in Lebanon suffers from criminal and destabilizing speculation, fomented by the reckless and ill-intentioned behavior of exchange dealers. The blame is, as usual, directed to innocent culprits, although they are not totally innocent
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