Lebanon arrests central bank official over currency manipulation
Lebanon's financial prosecutor has ordered the arrest of the head of monetary operations at the central bank amid a widening probe into manipulation of the country's volatile currency. The arrest of Mazen Hamdan late on Thursday marked the first such move against an official at the increasingly embattled institution since Lebanon's currency crisis began last summer. The Lebanese pound, long set at 1,500 to $1, is now trading for roughly […]
