Lebanon's banks did not see 'any extraordinary movement' of money...
FILE PHOTO: A worker cleans the logo of Bank Audi in Beirut, Lebanon November 1, 2019. REUTERS/Mohamed Azakir
“The reaction was almost the way we expected and anticipated. However, people were asking a lot of questions and we provided as much assurances as possible,” Salim Sfeir, head of the Association of Banks in Lebanon, told Reuters by email. The nationwide protests that erupted on Oct. 17 tipped Lebanon into political turmoil as it grapples with the worst economic crisis since the 1975-90 civil war. The uprisings led Saad al-Hariri to quit as prime minister this week.
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