KM Financial Solutions | Rolexes and cars; Lebanese spend big to prise savings from the bank
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Rolexes and cars; Lebanese spend big to prise savings from the bank

Rolexes and cars; Lebanese spend big to prise savings from the bank

When she heard Lebanese banks
would limit cash withdrawals, Rita, a doctor, rushed out to buy
a $10,000 Rolex watch on her credit card, anxious to protect
some of her savings. “It’s better than keeping my money in the
bank,” she said.

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