![Lebanese splurging on luxury items after banks imposed cash withdrawal limits – Here is what you need to know](/content/images/size/w720/wp-content/uploads/2020/01/98b887f3c43c49ee99484d498a055806_18.jpg)
Lebanese splurging on luxury items after banks imposed cash withdrawal limits – Here is what you need to know
More and more Lebanese are converting their cash savings into luxury goods such as gold and jewelry after banks in Lebanon imposed cash withdrawal limits. According to a report by Reuters, many Lebanese fear that more drastic financial restrictions are to come thanks to imposed capital controls.
Upon hearing news