SAWT BEIRUT INTERNATIONAL

| 17 September 2021, Friday |

Black market dollar retreats

After the announcement of the formation of the government, the black market dollar fell significantly and recorded 15,000 Lebanese pounds to the dollar, after it was yesterday at an average of 19,500 Lebanese pounds.

Since this morning, the dollar fell to 18,000 pounds and continued its decline until it fell to 16 thousand and later to 15,000 Lebanese pounds to the dollar, in parallel with the positive atmosphere that prevailed after the government formation file was resolved.

The Lebanese are waiting for the new government to negotiate with the International Monetary Fund and address the issue of the deterioration of the Lebanese pound and the economic collapse.