SAWT BEIRUT INTERNATIONAL

| 9 August 2022, Tuesday |

Noticeable decline in the black dollar

It was noticeable that the black market dollar began to decline after the Parliamentary consultations ended.

This morning, the dollar ranged between 28,300 Lebanese pounds for purchase and 28,250 pounds for sale.

Lately, Banque du Liban renewed Circular No. 158, according to Intermediate Circular No. 626 directed to banks, a decision that was taken under the pretext (exceptional measures for the gradual payment of deposits in foreign currencies).

Under the renewal of Circular 158, the Central Bank amended some clauses, so that the depositor can use the 400 dollars that he is entitled to use only in the card at an exchange rate of 12,000 pounds, in which he can pay some taxes, fees, and bills, such as electricity.

    Source:
  • Sawt Beirut International