Report: Lebanon’s Hezbollah criticises central bank over pound’s collapse | Malay Mail

United States News News

Report: Lebanon’s Hezbollah criticises central bank over pound’s collapse | Malay Mail
United States Latest News,United States Headlines
  • 📰 malaymail
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

BEIRUT, April 28 — The deputy leader of Lebanon’s powerful Hezbollah movement criticised the central bank over the pound’s drop to record lows against the US dollar and said its governor was partly responsible, according media reports today. The comments about the bank’s governor, Riad...

Tuesday, 28 Apr 2020 07:39 PM MYT

The comments about the bank’s governor, Riad Salameh, by Hezbollah deputy leader Sheikh Naim Qassem followed an attack on Salameh last week by Prime Minister Hassan Diab which prompted warnings from the speaker of parliament not to remove him. Qassem said the “appropriate decision” must be taken to put the “country’s interest ahead of all else” without further specifying.

Several dealers were arrested yesterday for violating the cap and a syndicate representing them said exchange bureaus would shut until they were released and the situation was resolved.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

malaymail /  🏆 1. in MY

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Israeli strikes kill 3 in Damascus | The Malaysian InsightIsraeli strikes kill 3 in Damascus | The Malaysian InsightMissiles fired from Lebanon airspace targeted Iranian, Hezbollah militants, says monitor.
Read more »

Bank of Japan expands stimulus as pandemic pain worsens | Malay MailBank of Japan expands stimulus as pandemic pain worsens | Malay MailTOKYO, April 27 — The Bank of Japan expanded monetary stimulus today and pledged to buy an unlimited amount of bonds to keep borrowing costs low, as the government tries to spend its way out of the growing economic pain from the coronavirus pandemic. The step, which follows monetary easing only a...
Read more »

Affin Bank reclassifies FY19 final dividend to interim, lowers quantum | Malay MailAffin Bank reclassifies FY19 final dividend to interim, lowers quantum | Malay MailKUALA LUMPUR, April 27 — Affin Bank Bhd (ABB) has resolved to reclassify the proposed final dividend in respect of the 2019 financial year to an interim dividend to ensure its timely payment to shareholders amid the movement control order (MCO). At the same time, it is also revising the quantum...
Read more »

US will cap how much each bank can lend under emergency coronavirus programme | Malay MailUS will cap how much each bank can lend under emergency coronavirus programme | Malay MailWASHINGTON, April 27 — The US government notified lenders yesterday that it will cap how much each bank can lend under the emergency loan programme designed to keep workers on payrolls amid the coronavirus pandemic, hours ahead of the reopening of the lending program. The Small Business...
Read more »

Deutsche Bank says results will beat forecasts | Malay MailDeutsche Bank says results will beat forecasts | Malay MailFRANKFURT, April 27 — Germany’s biggest lender Deutsche Bank said it expects to report a net profit of €66 million (RM311.3 million) for the first quarter, beating market forecasts. Turnover is expected to reach €6.4 billion while provisions for credit losses should amount to €500...
Read more »

Bank of Japan to expand stimulus again as pandemic pain deepens | Malay MailBank of Japan to expand stimulus again as pandemic pain deepens | Malay MailTOKYO, April 27 — The Bank of Japan expanded monetary stimulus today for the second straight month to ease corporate funding strains and finance huge government spending aimed at combating the deepening economic fallout from the coronavirus pandemic. The move puts the BoJ in line with other major...
Read more »



Render Time: 2025-03-10 21:50:53