Includes how foreign exchange is managed and implications for U.S. business.
Last Published: 6/3/2019

Lebanon imposes no foreign exchange controls.  The foreign exchange market provides free currency convertibility and free movement of capital.  Per Circular No. 514 (Decision No. 12978), January 14, 2019 of the Central Bank of Lebanon, non-banking institutions (money transfer companies) receiving electronic money transfers from abroad must pay out these remittances in Lebanese pounds only.

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