| 23 May 2024, Thursday |

Black dollar on the threshold of 50,000

The black dollar continues to soar up, recording unprecedented rates , as it registered this Saturday morning, between 49,000 and 49,100 Lebanese pounds per dollar.
It the sudden and rapid rise in the exchange rate of the dollar against the backdrop was noticeable, after the news about the tendency of Lebanese banks not to open “Sayrafa” credits for companies and institutions, provided that they return the funds that were deposited in the accounts to their owners, who have not yet obtained approval for them.

It is scheduled to continue working on “Sayrafa” for individuals, provided that the transfer ceiling on “banking” is set at 100 million pounds per month only.

  • Sawt Beirut International