SAWT BEIRUT INTERNATIONAL

| 26 September 2022, Monday |

Black market dollar rises

The US dollar exchange rate against the Lebanese pound on the black market reached 22375 LBP for sale and 22425 LBP for purchase.

Experts had attributed the rise in the dollar exchange rate in the parallel market to two reasons. The first is the increase in demand for the dollar due to the rise in international prices, and this rise is the responsibility of the traders. The second reason is political interference in the dollar market.

In statements, they pointed out that the real crisis is the scarcity of dollars, stressing the need for the government to conclude an agreement with the International Monetary Fund today before tomorrow, otherwise we are on our way to the worst, according to statements carried by “Voice of All Lebanon.”

This comes amid expectations that the dollar will rise further in the coming period, because we are in competition with countries in terms of imports.

    Source:
  • Sawt Beirut International