Salameh: Lebanon maintains position as second largest gold reserve in Arab region

Lebanon Economy
08-04-2022 | 09:07
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Salameh: Lebanon maintains position as second largest gold reserve in Arab region
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
2min
Salameh: Lebanon maintains position as second largest gold reserve in Arab region
Central Bank Governor Riad Salameh said on Friday that "the bank's gold reserves amounted to 17.547 billion US dollars until the end of last February, adding that Lebanon maintains its position as the second largest gold reserve in the Arab region, with a wealth estimated at about 286 tons of gold."

Salameh made the remarks during an exclusive interview with the director of the "Middle East News Agency" office in Lebanon, in which he noted that "the total cash reserves of foreign currencies amounted to 12 billion and 748 million dollars until the end of last February."
 
He added that "the volume of the securities portfolio owned by the Lebanese Central Bank amounted until the end of last February to 4 billion and 197 million dollars, which includes euro bonds, a slight increase from last January."
 
"The remittances of the Lebanese working abroad amounted to about 6 billion and 400 million dollars during 2021," he explained.
 
Salameh also pointed out that "what happened to the financial sector in Lebanon is being addressed in the recovery plan that is being prepared by the Lebanese government in cooperation with the International Monetary Fund," praising the "initial agreement reached between the Lebanese government and the fund yesterday."

He stressed that “news circulated about the bankruptcy of the Central Bank is incorrect," adding that "the bank is exercising its role entrusted to it under Article 70 of the Monetary and Credit Law and will continue to do so, despite the losses that have afflicted the financial sector in Lebanon."
 

Breaking Headlines

Lebanon News

Lebanon Economy

Salameh

Lebanon

BDL

LBCI Next
Lebanon updates fuel prices
Recommended For You
d-none hideMe
LBCI
Lebanon Economy
02:35

Fuel prices see mixed changes across Lebanon

LBCI
Lebanon Economy
2026-04-27

Lebanon’s central bank outlines priorities, reaffirms monetary stability as top priority

LBCI
Lebanon Economy
2026-04-24

Fuel prices drop across Lebanon

LBCI
Lebanon Economy
2026-04-21

Fuel prices drop across Lebanon

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
Lebanon News
2026-02-16

Lebanon's Interior Minister says election process underway under current law

LBCI
Lebanon News
07:22

Lebanon’s president says Beirut seeks end to war with Israel, not ‘humiliating’ deal

LBCI
News Bulletin Reports
2026-04-22

Wounded Hezbollah member arrives injured in Rmeish, later surrenders to Israeli army

LBCI
Middle East News
12:16

French FM says Iran must make 'major concessions' to end crisis

Videos
d-none hideMe
LBCI
World News
2026-03-25

Iran uses cluster bombs to target Israel: AiTelly explains what happens when a missile is intercepted—Video

LBCI
Lebanon News
2026-03-08

At least 19 killed after strike destroys three-story building in Sir el-Gharbiyeh: Video

LBCI
Lebanon News
2026-03-06

Israeli airstrike targets Beirut’s southern suburbs: Video

LBCI
Lebanon News
2026-03-05

Intense consecutive airstrikes hit Beirut’s southern suburbs: Video

LBCI
Lebanon News
2026-03-05

Israeli army launches evening airstrikes on Beirut’s southern suburbs after evacuation warning

LBCI
Lebanon News
2026-03-02

Smoke rises over Beirut’s southern suburbs as Israel targets area: Video

LBCI
Lebanon News
2026-02-16

German President Steinmeier meets Lebanon's President Aoun at Baabda Palace—Video

LBCI
Lebanon News
2026-02-14

Future Movement supporters mark Rafic Hariri anniversary, call for Saad Hariri's return to politics

LBCI
Lebanon News
2026-02-01

Israel strikes vehicle in Doueir-Wadi Aaba in South Lebanon—Video

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
News Bulletin Reports
12:55

Lebanon's leadership split widens over direct talks with Israel

LBCI
Lebanon News
07:22

Lebanon’s president says Beirut seeks end to war with Israel, not ‘humiliating’ deal

LBCI
News Bulletin Reports
12:50

Deadly drone ambushes in South Lebanon expose Israeli divisions over war strategy

LBCI
Lebanon News
05:05

Hezbollah rejects direct negotiations with Israel and vows not to give up weapons

LBCI
Lebanon News
12:51

Israel PM says Hezbollah rockets, drones need further military action

LBCI
Lebanon News
10:09

Lebanon Health Ministry: 2,521 killed, 7,804 wounded since March 2

LBCI
Lebanon News
07:48

Israeli military says striking Hezbollah in Bekaa Valley

LBCI
Lebanon News
11:19

Israel defense minister says Hezbollah chief 'playing with fire' that will 'burn Lebanon'

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More