Central Bank: Specifications of US dollar notes are determined by US Treasury
8 كانون الأول 2021 12:01
The Media and Relations Unit at the Central Bank on Wednesday issued a statement making clear that the specifications of US dollar banknotes were determined by the US Treasury.
“In view of the fact that some banks and money changers have been charging extra commissions for exchanging US dollar banknotes, which they deemed old-issued or unfit for circulation. The Central Bank would like to make it clear that the specifications of US dollar banknotes are only determined by the Bureau of Engraving and Printing, a body that’s affiliated to the US Treasury,” a statement by the Central Bank said.
“The Central Bank only determines the specifications of the Lebanese currency that’s in circulation,” the statement added.
“In view of the fact that some banks and money changers have been charging extra commissions for exchanging US dollar banknotes, which they deemed old-issued or unfit for circulation. The Central Bank would like to make it clear that the specifications of US dollar banknotes are only determined by the Bureau of Engraving and Printing, a body that’s affiliated to the US Treasury,” a statement by the Central Bank said.
“The Central Bank only determines the specifications of the Lebanese currency that’s in circulation,” the statement added.