BEIRUT (Reuters) - The Association of Banks in Lebanon agreed a set of temporary directives for commercial banks including a $1,000 cap on weekly withdrawals from U.S. dollar accounts, the association said on Sunday, amid a worsening economic and political crisis.
The measures were to "facilitate, standardise and regulate" the work of bank employees in light of the country's "exceptional circumstances," it said, following nationwide protests that have kept banks shut for most of the last month.
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