Akhbar Al Yawm
The dollar exchange rate reached 30 thousand pounds for purchase, and 29 thousand and 900 LL for sale, on the black market, at a time when the Lebanese are busy waiting for the results of the elections and the numbers obtained. ..
Is there a manipulation of the black market, of the exchange rate especially that no data justifies this increase?
The Governor of the BDL Riad Salameh confirms in his statement today that Circular 161 is still applicable on the Sayrafa platform.
In this context, a financial reference, through the agency "Akhbar Al Yawm", that "Sayrafa" and circular 161 are distinct. The first determines the exchange rate by which any citizen can buy or sell dollars. But the circular issued last December concerns the dollars guaranteed by the Banque du Liban to the banks, and stipulates that "the banks pay their customers the cash withdrawals that they have the right to withdraw, whether in pounds or in dollars , according to the limits approved by each bank, provided that they are in fresh dollars according to the exchange rate on the Sayrafa platform on the day preceding the withdrawal.
However, the reference believes that the results of the elections and their political translation, do not give reason to fear that the dollar will eclipse in the foreseeable future, and in this case, the question can be linked to the "Saudi satisfaction" expressed by the Ambassador to Lebanon Walid Bukhari in his tweets, including what he retweeted as a comment made by AFP that "Hezbollah and its allies are losing the parliamentary majority in the Lebanese Parliament".
The reference indicates, based on this satisfaction, that Saudi Arabia could support Lebanon, which will be reflected in the markets.
In response to a question, the reference points out that the case requires the intervention of the security services and the strengthening of surveillance, knowing that these manipulative changers are known.