(The Daily Star/Mohammad Azakir)
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Central Bank Gov. Riad Salameh reiterated Monday that Lebanon is obliged to abide by the recent U.S. law targeting Hezbollah's finances.Hezbollah blasted the U.S., the Central Bank and commercial banks when Salameh issued Circular 137 that asked banks to notify it if it freezes or suspend any bank account linked to Hezbollah.If banks do not receive a response from the SIC within 30 days, they can take action on the account.Salameh also revealed that the Central Bank is working with the Finance Ministry to replace Treasury bills in Lebanese-dominated currency with $2 billion worth of bonds in U.S. currency.Salameh repeated that the Central Bank will not let any Lebanese bank go bankrupt.
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