Lebanon burns foreign reserves to hold pound steady in face of devastating war losses – analysis

Jun 4, 2026 1:45 pm | Jpost

A protester burns fake US dollars during a pro-Iranian regime demonstration in front of the Iranian consulate in Istanbul, on January 18, 2026. (photo credit: Ozan Kose/AFP via Getty Image)
Currency stability has held near 89,500 to the dollar, but reserves, banks, households, and public confidence remain under heavy strain.
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