Bank of Lebanon denies financial ties with Syrian regime

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The Bank of Lebanon has said the Arab League's decision to implement financial sanctions on Syria will have no bearing on the central bank's operations, as it is not in possession of any funds from the Central Bank of Syria.

On Tuesday, Reuters newswire reported Riad Salameh, the governor of the Bank of Lebanon, as telling a local news agency that Damascus does not have any funds deposited at the central bank. "Lebanon's central bank does not have any money of the Syrian central bank on its book

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