Continuing at its high rate, the black dollar has registered for today, Monday, 97,000 selling pounds and 96,700 buying pounds.
Economic, Social and Environmental Council, Anis Bou Diab said that the recent decline of the dollar and its return to less than one hundred thousand pounds per dollar are due to several factors, most notably:
– The Central Bank’s continuous intervention in the market since last March 21, when it announced an open and continuous process to buy Lebanese banknotes and sell dollars for cash at an exchange rate.
. An active tourist movement that Lebanon is currently witnessing and will extend for weeks, starting from Palm Sunday all the way to Eid al-Fitr, not to mention that the festive period activates the commercial movement in the markets.