SAWT BEIRUT INTERNATIONAL

| 20 April 2024, Saturday |

Black dollar and Sayrafa soaring up

The dollar game that plays on the nerves of the Lebanese continues. Yesterday, the dollar exchange rate rose to about 30 thousand pounds, after it witnessed stability for more than a week, and the rise coincided with the increase in its price on “Syrafa” platform, from 24,400 to 24,900 in just two days, and then, with placing new controls on the application of Circular 161 After the Central Bank reduced the sales of cash dollars in exchange for liquidity in Lebanese pounds, and stipulated that individuals be allocated a share of exchange that does not exceed $500 per month, after it was open, after receiving observations about large speculative operations carried out by individuals and companies.
On this subject, we were joined by the researcher in monetary economics, Dr. Layal Mansour.

    Source:
  • Sawt Beirut International