Episode 77 - Lirafication in slow motion
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Description
Discussion on the BDL circular begins at 20:50. Ben and Nizar are (remotely) joined this week by Mohamad Faour, a postdoctoral researcher in finance at the University College Dublin and one of the NERDS(https://finance4lebanon.com)to discuss the logic behind the Banque du Liban circular released this past week that would allow those with deposits less than or equal to $3,000 to withdraw their money in lira at the market rate. Also covered: the latest on coronavirus in Lebanon, politics as usual when it comes to BDL and Banking Control Commission appointments, Lebanese expatriates start returning, and Al-Jadeed comedian Wissam Saad's "jokes" fall flat. Music track: Zuhal by Elepheel, check out his other work @elepheel
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