Lebanese central bank Governor Riad Salameh said the country’s currency peg remains viable as he pushed back against the onslaught of criticism for his handling of the crisis gripping the economy. “A stable pound is a political decision,” said Salameh, who’s been at the helm of the central bank since 1993. “We at the central bank are convinced of it because we know. And now you see the movement at the exchange bureaus and how it impacts the purchasing power of the Lebanese.” Addressing Lebanon in a televised speech on Wednesday, Salameh also called on the government not to impose losses on depositors and said ... (full story)