SAWT BEIRUT INTERNATIONAL

| 18 August 2022, Thursday |

Sayrafa dollar rate to increase

Since December 2021, the Central Bank has issued Circular 161 which stipulates that banks pay their customers cash withdrawals that they are entitled to withdraw, whether in pounds or dollars, according to the limits approved by each bank, provided that they are in “Fresh dollars” according to the exchange rate approved on the exchange platform and received  on the day prior to the withdrawal.

However, the trading movement on the exchange platform has changed, and the Central Bank is catching up with the black market to reduce the differences between them to finally register 25,300 pounds, which suggests that there is a tendency to raise the price of the dollar on the exchange.

On this subject, the journalist and economist, Mounir Younes, joined us.

 

    Source:
  • Sawt Beirut International