| 28 January 2023, Saturday |

Black market dollar is still on the increase

On Saturday morning, the dollar exchange rate registered between 19,200 and 19,250 Lebanese pounds per US dollar, after it closed yesterday at a rate between 19,100 and 19,200 Lebanese pounds per dollar.

When withdrawing dollars from small depositors a while back, Lebanese banks have set the rate at 3,850 pounds per dollar, which is still in effect today.

On the other hand, the Syndicate of Money Changers in Lebanon has set the dollar exchange rate against the Lebanese pound, with a moving margin between the price of 3,850 pounds for purchase, and 3,900 pounds for sale, as a maximum.

The exchange rate of the dollar in the Central Bank of Lebanon remained at 1,507.5 pounds per dollar, and it is allocated to some basic commodities only.

  • Sawt Beirut International