The Lebanese president asks the central bank to investigate the currency bubble

FILFOT: Lebanese President Michel Aoun speaks at a press conference at the Presidential Palace in Baabda, Lebanon October 21, 2020. Dalati Nohra / Handout via REUTERS

BEIRUT (Reuters) – Lebanese President Michel Aoun said on Wednesday that he had asked the central bank governor for an inquiry into the reasons for the country’s latest currency date.

The collapse of the Lebanese pound, which fell to 10,000 dollars on Tuesday, sent protesters blocking roads across Lebanon.

“President Aoun has asked central bank governors to hand over the results of the investigation to the prosecutor,” a statement said on the president’s official Twitter account.

Reporting by Maha El Dahan; Editing Toby Chopra