| 19 May 2024, Sunday |

Black-market dollar price, after the decision to lift fuel subsidy

In light of the decision to lift fuel subsidies yesterday, black- market dollar recorded this morning between 20480-20530 Lebanese pounds per US dollar.

While it recorded yesterday evening, between 20525 and 20600 Lebanese pounds per dollar, after recording in the morning between 20550 and 20600 Lebanese pounds.

Banque du Liban stated yesterday  that “as of August 12, 2021 it will secure the necessary credits related to fuel, relying on the previous mechanism, but by calculating the price of the dollar on the Lebanese pound according to market prices.”