| 23 February 2024, Friday |

Extension of Circular 161…Temporary banking and financial solutions, not sustainable ones.

Banque du Liban extended the work with Circular No. 161 until the month of May, subject to renewal, meaning that dealing in dollar banknotes in exchange for banknotes in Lebanese pounds continues with banks without a specific ceiling on the exchange rate platform. On the other hand, the dollar is rising on daily basis, and the black market has become the controler of banking and is working to raise its price, instead of the opposite.
On this subject, we are joined by the economist and financial expert, and university professor in Paris, Dr. Gabi Bejani

  • Sawt Beirut International