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Lebanon banks close in solidarity after assault on staff

Banks in Lebanon have closed for the day after an assault on staff at the headquarters of Lebanese Swiss Bank.

About 100 men stormed the building in Beirut on Monday night, trying to access closed accounts and injuring three employees, according to the bank.

The Association of Banks in Lebanon denounced the "disgraceful attack" and said branches would shut in solidarity.

Lebanon is in the midst of one of the world's most severe economic crises in modern times.

The Lebanese pound has lost more than 90% of its value against the US dollar since 2019 and inflation has skyrocketed, wiping out people's wages and causing food prices to triple.

Tight restrictions have also been placed on bank accounts, leaving people unable to withdraw their savings or transfer money abroad.


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