SAWT BEIRUT INTERNATIONAL

| 15 April 2024, Monday |

Slight retreat for black dollar.

The exchange rate of the US dollar against the Lebanese pound on the black market recorded a slight decline, after it rose again yesterday and exceeded 64 thousand pounds.
The black dollar ranged today, Thursday, between 63,500 pounds for sale and 64,000 pounds for purchase.
In this context, financial and economic expert Antoine Farah saw, via an interview with the electronic newspaper “al-Anbaa”, that the exchange rate of the dollar on the black market has exhausted its range in this period in comparison to the volume of its trading, and therefore it will have a break for a certain time and then continue its upward movement, and trading will remain between 55 thousand to 60 thousand, without knowing how long it will remain in this way, but it will not stop its rise completely before recovering and reaching a rescue plan that changes this scene in Lebanon.

    Source:
  • Sawt Beirut International