Lebanese central bank gold reserves worth $17.5 billion at the end of February – cbank chief

FILE PHOTO: Lebanon’s Central Bank Governor Riad Salameh speaks during an interview for Reuters Next conference, in Beirut, Lebanon November 23, 2021. REUTERS/Mohamed Azakir

BEIRUT (Reuters) – Lebanon’s central bank had an estimated 286 tonnes of gold reserves valued at $17.5 billion at the end of February, central bank governor Riad Salameh told Egypt’s Middle East news Agency.

Salameh said the reserves represented the second-largest gold reserves held by a country in the Arab region, according to the report, which was carried by Lebanese state media.

Reporting by Enas Alashray; Editing by Andrew Heavens

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