Riad Salameh, Lebanon’s Central Bank Governor says Lebanon holds the second biggest gold reserves in the region, resulting in a positive impact on the country’s financial stability.
“Lebanon has the second largest gold reserves among countries in the Middle East and we consider this as a pillar of monetary stability in the absence of key natural resources and a safe haven in times of crises,” Salameh reportedly said during a meeting with students of various nationalities who came to Lebanon from Hatron University in the U.S.
Lebanon holds 300 tons of gold reserves while Saudi Arabia hols 322 tons
Leave a Reply
You must be logged in to post a comment.