SAWT BEIRUT INTERNATIONAL

| 30 November 2022, Wednesday |

The Bank of Lebanon is depleting its reserves

The Central Bank of Lebanon’s budget figures showed a decrease in the central bank’s foreign exchange reserves by two billion and 318 million dollars since the beginning of this year until June 15, to be limited to 10.4 billion dollars in the middle of this month.

The largest loss was recorded in the first half of this month, while the loss fell in the month of April to about 210 million dollars. With these numbers, will the central intervention in the market be prolonged?
On this topic, the financial expert and economist Antoine Farah joined us.

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  • Sawt Beirut International