SAWT BEIRUT INTERNATIONAL

| 16 April 2024, Tuesday |

Black-market dollar, stable.

The black-market dollar exchange rate recorded this morning, 15000 Lebanese pounds for purchase and 14,900 Lebanese pounds for sale.

It is noteworthy that the recently agreed upon government, after more than a year of political struggle for cabinet seats, must address one of the worst economic depressions in modern history.

Lebanese banks have set the dollar at a rate of 3,850 pounds when withdrawing the dollar to small depositors a while ago, and it is in effect until today.

On the other hand, the Syndicate of Money Changers in Lebanon set the dollar rate between 3,850 Lebanese 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 1507.5 pounds per dollar, and it is allocated to some basic commodities only.