Most ATMs in Lebanon dispense two currencies: Lebanese pounds and U.S. dollars.
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Bankers interviewed by The Daily Star said that in most countries in the world depositors can only withdraw cash in the currency of the country in which they are located.Bankers point out that 67 percent of bank deposits in Lebanon are in dollars and the rest in Lebanese pounds and said that this will also not change if ATMs distribute only the national currency.One leading Lebanese bank has four ATMs in its headquarters and each of these ATMs dispenses a different currency."But BDL has no intention to make such a request and will leave to the commercial banks what types of currencies ATMs dispense," the banker said.He added that nearly 80 percent of the cash withdrawals from ATMs are in Lebanese pounds.
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