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Lebanon's Central Bank

Lebanon's Central Bank latest

Commercial banks must ensure the central bank credit lines are used exclusively to purchase imports for domestic consumption.
October 5th, 2019 - 08:00 GMT

Lebanon: Rise in Imports behind Increase in Dollar Demand

Lebanon's central bank governor said Thursday that increased imports could have raised the demand for dollars in the country, noting this has pushed money changers to charge higher exchange rates. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-7…","video_id":"7c2e50c8-9b5c-4163-9815-21d6d268309b","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Countries with the Highest Risk of Money Laundry"} In a televised speech, Riad Salameh also raised doubts over whether increased imports were being used for local consumption, following reports of smuggling to neighboring Syria. "We don't know if ...
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The circular will certainly reduce the pressure on dollar demand at currency exchange shops
October 3rd, 2019 - 07:10 GMT

Lebanon’s Central Bank Secures Dollars to Cover Imports of Fuel, Wheat and Medicine

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