| 28 September 2022, Wednesday |

“Food prices will drop in parallel with the decline in dollar,” sayd Bohsali

The Head of the Food Importers Syndicate Hani Bohsali confirmed that “food prices will decrease as a result of the drop in the dollar exchange rate on the black market.”

Bohsali stressed, in a radio interview, that “Lebanon still imports from various countries, and the quality of goods imported from Arab countries is of similar to the European standards, and is subject to the same control.”

It is noteworthy that, after reaching record levels for the dollar exchange rate at 33,500 LBP in the past days, the dollar has dropped during the last hours, to below 26,000 LBP.

The dollar ranged this morning between 24,500 and 24,400 LBP on the black market.

  • Sawt Beirut International