SAWT BEIRUT INTERNATIONAL

| 1 October 2022, Saturday |

Black dollar exchange rate for this morning… still rising.

The black dollar continues to rise against the Lebanese pound at a high rate, as it recorded this Monday morning, 29950 Lebanese pounds for purchase and 29850 pounds for sale.

Lately, Banque du Liban renewed Circular No. 158, according to Intermediate Circular No. 626 directed to banks, a decision that was taken under the pretext (exceptional measures for the gradual payment of deposits in foreign currencies).

Under the renewal of Circular 158, the Central Bank amended some clauses, so that the depositor can use the 400 dollars that he is entitled to use only in the card at an exchange rate of 12,000 pounds, in which he can pay some taxes, fees, and bills, such as electricity.