Hyperinflationary Hell: Lebanese Central Bank Devalues ‘Lira’ By 90%
February 01, 2023 at 04:15 AM EST
Cash is now king in Lebanon, where a three-year economic meltdown has led the country’s once-lauded financial sector to atrophy and turned the country into a Venezuelan-esque hyperinflationary hell. The country has been hit hard by events over the past few years, starting with COVID. In August 2020, the city of Beiruit was practically destroyed […] Source
