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2021-04-23 12:06:45 GMT2021-04-23 20:06:45(Beijing Time) Xinhua English by Dana Halawi BEIRUT, April 23 (Xinhua) The decision by some correspondent banks to cut financial relations with the Central Bank of Lebanon will have dire repercussions for the country, Lebanese financial experts said. The experts warnings come following a statement, released earlier this month by Lebanon s Central Bank Governor Riad Salameh, saying that international correspondent banks started to curtail their business relationships with the central bank, or Banque Du Liban (BDL), due to such facts as Lebanon s default on Eurobonds and political campaigns against the BDL. The central bank governor added that such a move will place Lebanon in a difficult situation regarding foreign transfers and the purchase of basic commodities, as well as obtaining foreign currencies to operate various economic facilities.

Ghassan ayacheMohammad faourDana halawiInternational monetary fundLebanon central bank governor riad salamehCentral bankUniversity college dublinLebanese economic associationCentral bank governor riad salamehBanque du libanMounir rachedInternational monetaryகாசன் அரசேசர்வதேச பண நிதிலெபனான் மைய வங்கி கவர்னர் ரியாத் சலேமேமைய வங்கி