SAWT BEIRUT INTERNATIONAL

| 17 August 2022, Wednesday |

Gasoline in dollars…and the latter on a continuous hike

The concern of bread and the queues did not end… The prices of the dollar fluctuated with the fluctuation of the dollar exchange rate on the black market…

On July 27, the Central Bank stopped securing 100% of the dollar required to import gasoline according to the exchange platform and returned to the tone (15 + 85), i.e. 85% according to banking and 15% according to the parallel market. Is it considered the beginning of the road and a gradual withdrawal from the Central Bank?

It is the situation of the Lebanese in which he has to pay.. Are we witnessing a gasoline crisis on the horizon?

The real fear lies in the levels of the dollar exchange rate on the black market, which may reach unprecedented rates, especially with the high demand for the dollar in the parallel market.

    Source:
  • Sawt Beirut International