The Central Bank of Lebanon issued the following statement on Monday:
"The Governor of the Lebanese Central Bank, Riad Salameh, would like to clarify that circulated rumors about the bankruptcy of the Central Bank are incorrect. Despite the losses that afflicted the financial sector in Lebanon, which will be dealt with in the recovery plan that is currently being prepared by the Lebanese government in cooperation with the International Monetary Fund, the Central Bank still exercises the role entrusted to it under Article 70 of the Code of Money and Credit, and will continue to do so."
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