The Syndicate of Money Changers in Lebanon held an extraordinary meeting on Saturday, within the framework of its open sessions, chaired by Syndicate Head Mahmoud Mrad and in the presence of its members, where the conferees decided to continue with their strike in protest against the arrest of a number of legal money changers.

The conferees also discussed the possibility of resorting to legal escalation measures in objection against subjecting the Syndicate members to abuse and oppression, and closing their legitimate money exchange companies and institutions with red wax seals.

The Syndicate indicated that despite its follow-up with the concerned sides, no positive on-ground response has been detected thus far. It added that a number of money changers are still detained in spite of the outcome of the meeting with the Central Bank Governor, Riad Salameh, and the Financial Prosecutor General, Judge Ali Ibrahim, especially in terms of requesting the legal money changers to abide by the set exchange rate.

Source: National News Agency

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