The black dollar continues to decline, as it ranged this Monday morning, between 27100 Lebanese pounds for purchase and 27000 pounds for sale.

Earlier Banque du Liban, Riad Salameh, sent a statement to the holders of the Lebanese pound, whether citizens and institutions, who want to convert it into the US dollar, based on Circular 161 and its effects on Articles No. 75 and 83 of the Monetary and Credit Law, asking them to “submit these requests to Lebanese banks starting next Monday, at the price of SAYRAFA, provided that these requests are fully met within 24 hours, and this offer is open and available daily.”

Last Tuesday evening, the Lebanese Association of Banks launched a fierce attack on the recovery plan approved by the government, which called for a response from the Deputy Prime Minister.