The exchange rate of the US dollar against the Lebanese pound on the black market continues at its high rate, exceeding 30 thousand pounds.

Today, Thursday, the price of the dollar in the money exchangers market reached 30,400 pounds for selling and 30,350 pounds for buying.

It is noteworthy that the economic expert, Jassem Ajaga, said in an interview with “Sawt Beirut International” website that the political ambiguity after the change in the balance of power in the new parliament, and the fear of the agreement of these new forces on the economic and political approach led to a rise in the exchange rate of the dollar, in addition to talking about the possibility of the Banque du Liban suspending Circular 161 at the request of the government, which led to fears of the lack of dollars in the market.

This matter was exploited by some traders and money changers who are speculating on the Lebanese pound.

As for how to curb the dollar’s rise, Ajaqa pointed out that it is done through activating the supervision by the state agencies.

Pointing out that there is a significant shortage of cash in dollars, he considered that the new parliamentarians should speed up work on economic advancement by carrying out the necessary reforms and legislation.