The exchange rate of the dollar on the black market recorded a slight decline this morning, Monday, as it was traded between 12050 and 12,150 Lebanese pounds per dollar, after it closed yesterday evening Sunday between 12,075 and 12,175 Lebanese pounds per dollar.
Lebanon is still suffering from a foreign exchange crisis, and the situation has worsened during the recent period, until some major foreign banks began to boycott the Central Bank of Lebanon.
The decline of the Lebanese currency, with the beginning of the month of Ramadan, added more burdens to the Lebanese.
It is worth noting that the dollar exchange rate in the Central Bank of Lebanon is still at 1507.5 pounds for every one dollar, and it is allocated for basic commodities only.
As for Lebanese banks, they still maintain the rate of 3,850 pounds to the dollar, when withdrawing dollars to small depositors.