SAWT BEIRUT INTERNATIONAL

| 8 February 2023, Wednesday |

What will the exchange rate be by end of 2022?

“We are heading upwards.” This is how we can bid farewell to the year, and welcome a new year with expectations that the exchange rate will remain at the same pace, and it seems that it will not stabilize or decline.
The state carried out many tricks during this year, circulars issued by the Central Bank, decisions taken by the Ministries of Communications, Electricity and soon Water. What has changed?
There is no doubt that the political game interferes with the price of the dollar and leads to its rise with every obstruction or entitlement. How will we say goodbye to the year? How much will the exchange rate be by the end of 2022?
Today, Lebanon is on the eve of holidays, and it is promised during this period, as it was in the summer, an additional influx of dollars, at least until the end of the year, but why does the dollar continue to rise?

What does the New Year hold for us at the exchange rate level?

So the upward path of the exchange rate will continue with the beginning of next year, and the Lebanese pound is heading towards further collapse and is in danger, and there is no deterrent to stop this financial devastation that Lebanon is experiencing because the current reality confirms that there are no real financial proposals in the foreseeable future.

    Source:
  • Sawt Beirut International