Lebanese smash bank facades as crisis bites
Feb 17, 2023
Beirut [Lebanon], February 17: Dozens of angry demonstrators attacked several banks in Beirut on Thursday after the Lebanese pound hit a record low, AFP journalists said, amid a deepening economic crisis. Lebanon's cash-strapped banks have imposed strict restrictions on withdrawals, barring depositors from accessing their savings, especially those in US dollars. The pound is trading at about 80,000 to the greenback on the black market versus 60,000 at the start of the month, according to exchange rate monitors.