SAWT BEIRUT INTERNATIONAL

| 27 September 2022, Tuesday |

Brax: What happened is unacceptable…

Member of the Gas Stations Owners Syndicate, George Brax, said in a statement that what happened today, Wednesday, in the price-installation schedule is unacceptable, as there is a difference of more than 1,600 pounds between the exchange rate of the dollar in the table, as it was calculated as 36,650 pounds, and the real price when we bought it at the money changers when the schedule was issued, as it exceeds 38,100 pounds,” referring to the large losses incurred by the stations, exceeding 25,000 pounds, in each gasoline plate.”

Brax added: “Therefore, the one and only solution is to allow stations to price gasoline in dollars in order to avoid the confusion caused by the fluctuations and instability of the dollar.”

    Source:
  • Sawt Beirut International