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New measure to be taken by Lebanese Central Bank regarding the exchange rate

MTV Website Exclusive

MTV Website Exclusive

18 Jan 2022 22:56

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New measure to be taken by Lebanese Central Bank regarding the exchange rate

MTV Website has learned that the Lebanese Central Bank will continue its procedures to impose Sayrafa platform on the black market. This policy has given a clear result in recent days with a decline in the dollar’s price on the black market, which was the first of its kind in a long time.


Sources indicate that the Central Bank will take a decision to raise the ceiling of transfers via the platform, which is currently 100 million Lebanese pounds per month, to become much higher.


This measure would lead to a further decline in the dollar's price on the black market.

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