Video Duration 02 minutes 34 seconds

Lebanon’s economy: Central Bank tries to stabilise exchange rate

The political elite, the Central Bank and the banking sector are arguing over who has bankrupted the state.

Lebanon’s Central Bank is launching an electronic foreign exchange trading platform, in an attempt to stabilise the exchange rate.

The lira has lost nearly 70 percent of its value on the black market in recent months, due to a lack of foreign currency.

Al Jazeera’s Zeina Khodr reports.