| 19 June 2024, Wednesday |

BDL: Selling of US dollar exclusively through SAYRAFA Platform starting next Tuesday, without purchasing it

Lebanese Central Bank Governor, Riad Salameh, issued a statement on Sunday, indicating that “based on Articles 75 and 83 of the Monetary and Credit Law, the Banque due Liban, through the SAYRAFA platform, will exclusively sell the US dollar starting next Tuesday, without purchasing US dollars through said platform until further notice.”

The statement added that “as stipulated in Circular 161, public sector salaries shall continue to be paid in US dollars and the $400 withdrawals by bank account holders shall continue as well,” noting that “Circulars 151 and 158 are also in effect, as payment is being made in US dollars.”

  • NNA