Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board

As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. The inflation rate in crisis-torn Lebanon surged to 211% in May, making […] The post Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board first appeared on PR Business News Wire.
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