Lebanon protests: The Lebanese authorities scrutinize currency speculators

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BEIRUT, 8 March, 2021 (TON): As protests continue in Beirut, the Lebanese authorities ordered a clampdown on illegal foreign currency speculation.

The Attorney General Judge Ghassan Oweidat directed the Lebanese security services, including the Military Intelligence, the Internal Security Forces, the General Security, the State Security, and the customs officials, to pursue money-changers who tamper with the national currency and are involved in illicit foreign currency speculation.

The protesters set up roadblocks with rocks and burning tires on all major streets in Beirut and on the highways linking the regions. The Lebanese army reopened the blocked roads.

It is seems likely that this move is not the first of its kind rather is an attempt to dampen the widespread indignation that has continued for six days and intensified in street protests on Saturday and Sunday, which broke out after the dollar exchange rate hit 11,000 Lebanese pounds.

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