| 20 May 2024, Monday |

Black market dollar registers new hike

On Thursday morning, the black market dollar registered between 17,200 and 17,250 Lebanese pounds per US dollar.

After ranging between 16950-17,000 Lebanese pounds per US dollar in the afternoon, the black market exchange rate hit 17,175-17,225 Lebanese pounds on Wednesday evening.

When withdrawing dollars from small depositors a while back, Lebanese banks set the rate of 3,850 pounds to the 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 3,850 pounds for purchase, and 3,900 pounds for sale, as a maximum.

  • Sawt Beirut International