On Monday morning, the black market dollar was registered at a rate of “16180 – 16230” Lebanese pounds per US dollar.
On a side note, the currency fluctuated between 16,225 and 16,275 Lebanese pounds per US dollar on the black market yesterday.
When withdrawing dollars from small depositors a while back, Lebanese banks set the rate of 3,850 Lebanese pounds to the dollar, a decision that remains in effect till present.
On the other hand, the Syndicate of Money Changers in Lebanon has set the dollar exchange rate against the Lebanese pound, between 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.