| 30 November 2022, Wednesday |

When will black market dollar rise again?

With enchanting magic, the price of the dollar fell two weeks ago on the black market from 37 thousand pounds to 29 thousand pounds. The decline came in response to a statement issued by the Governor of the Banque du Liban, Riad Salameh, indicating that he will pump dollars through circular 161 at the open-ceiling rate, meaning that he will stop rationing the pumping of dollars and will repeat the stage of the open ceiling. How long will the dollar stay at this limit and what are the factors that will affect the exchange rate?

To answer this question and others, join us by phone, Professor of Economics at the Lebanese University, Jassem Ajaga.


  • Sawt Beirut International