Lebanon s Central Bank building in Beirut, Friday, March 16, 2018. (The Daily Star/Mohammad Azakir)
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The Central Bank set a ceiling of 25 percent of a customer's total Lebanese pounds deposits for borrowing in the local currency, according to a circular by Banque Du Liban dated Aug. 10 and received by banks in recent days.Deposits in Lebanese pounds reached the equivalent of $54.7 billion at end-June 2018, up by 3.7 percent from end-2017 but down by 2 percent from end-June 2017 .Deposits in foreign currencies totaled $118.6 billion at end-June 2018, and grew by 2.3 percent from end-2017 and by 6 percent from $111.9 billion a year earlier.
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