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For two decades, the Lebanese pound has been pegged to the US dollar, but banks have been reducing access to dollars following fears of a shortage in central bank reserves. AFP
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People gather at a shop that provides money transfer services in the Lebanese capital Beirut. AFP
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A man fills out a form to wire money at a Western Union outlet in San Diego, California. Getty Images
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An exchange dealer counts money at a currency exchange office as the value of the Lebanese lira continues to drop. Getty Images
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A pedestrian walks past a Western Union and check cashing store in the Brooklyn borough of New York City. Getty Images
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For two decades, the Lebanese pound has been pegged to the US dollar, but banks have been reducing access to dollars following fears of a shortage in central bank reserves. AFP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/BHXCGZVRWNGR7IAPMR4VEKSRD4.jpg?smart=true&auth=2e6f02b112debad45d6ca8e155a509658c3ed4ecf6b37a1e718a6dbab6692f18&width=400&height=225)
People gather at a shop that provides money transfer services in the Lebanese capital Beirut. AFP
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/MKXRW27YAFC7TCED3OVFOWCNAU.jpg?smart=true&auth=396211f39689897885f65b02e98383d236044c3632962bce449ad0c9d3385493&width=400&height=225)
A man fills out a form to wire money at a Western Union outlet in San Diego, California. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/GZDMOX6XURCKNP7VUDJROFPKSA.jpg?smart=true&auth=0058a5ca7cdd47c7c7758453d0b0c62e250cc6a50ddd5c05a6b466c92abcea48&width=400&height=225)
An exchange dealer counts money at a currency exchange office as the value of the Lebanese lira continues to drop. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/OLCW4FOEABGYFDVSKE55S3SO2A.jpg?smart=true&auth=858fc06d6d5ff2592979243bca49602e53faca4f342e2be05b73b28f8c196220&width=400&height=225)
A pedestrian walks past a Western Union and check cashing store in the Brooklyn borough of New York City. Getty Images
![](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/D2AAASUPORB5LA7N43T6F7WKNE.jpg?smart=true&auth=a5fc0eabf9917ff053519323d5ec6b639dd8b3d87f7e89be85afdaa2bca28c79&width=400&height=225)
For two decades, the Lebanese pound has been pegged to the US dollar, but banks have been reducing access to dollars following fears of a shortage in central bank reserves. AFP
Shame and obligation fuelling remittances to Lebanon and keeping families afloat
The country's economic troubles are increasingly affecting citizens abroad, who are sending more cash home to help out relatives
Joyce Karam
16 June, 2022
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