SAWT BEIRUT INTERNATIONAL

| 17 August 2022, Wednesday |

Warning of crazy rise in dollar exchange rate

Economy expert Gabi Bejjani warned of a crazy rise in the dollar exchange rate on the black market, without any specific ceiling.

Bejjani expected via an interview with “Voice of All Lebanon” that the exchange rate will rise again at the end of the summer, pointing out that “the reason for the cohesion of foreign currencies, in addition to the massive movement of expatriates, which is estimated at one billion dollars per month, is due to the demand for these currencies to secure goods.”

Regarding the amendments to the banking secrecy law, which Bejani considered a formal law, he stressed the importance of being accompanied by a transparent judiciary to reveal those involved in all the corruption cases that brought the country to what it is.

    Source:
  • Sawt Beirut International