SAWT BEIRUT INTERNATIONAL

| 22 June 2021, Tuesday | النسخة العربية

Black market dollar today

After closing yesterday evening between 13,000 and 13050 Lebanese pounds, the black-market dollar exchange rate recorded, Thursday morning, between 12950 and 13,000 Lebanese pounds per one dollar

The high exchange rate of the dollar is accompanied by the rise in food prices, the loss of subsidized materials from markets and its manipulation, in addition to the deteriorating security conditions, the spread of theft and insecurity in the absence of authority.

The price of the rise in the dollar’s ​​exchange rate and the liquidity crisis, in addition to the months-long political crisis and other crises, is being paid by the citizens who are suffering from the erosion of their purchasing power as a result of widespread unemployment and their  currency’s  loss of more than 80% of its value during, while monopolies play a major role in the cost Living, amid warning of  imminent lifting of subsidies.