Lebanon Opportunities

FINANCE

Provided by

Official exchange rate at LL15,000

Starting next February, the official exchange rate will be devalued from LL1,507 to LL15,000 to the US dollar, according to , Governor of the Central Bank (BDL). Dollars withdrawn by depositors from their bank accounts will be paid in lira at the new official exchange rate. Prior to this change, the applied rates were LL12,000 for funds subject to BDL Circular 158 and LL8,000 for those governed by

You’re reading a preview, subscribe to read more.

More from Lebanon Opportunities

Lebanon Opportunities2 min readInternational Relations
War Is In The Air
Denial is the current password to access any day in a reasonable way. The threat of a devastating war is getting postponed from one week to another for the past seven months, a venomous torture to the economy and national psyche that is almost beggin
Lebanon Opportunities7 min read
Production Of Inputs Is Growing
Production of agricultural inputs is growing on the local market driven by the crisis and an increasing interest in health and environmental issues as well as in food security. Manufacture of composts and bio-fertilizers is advancing while making bio
Lebanon Opportunities1 min read
Lebanon Opportunities
Publisher & editor-in-chief Ramzi El Hafez Editorial Shikrallah Nakhoul Dedicated to Leila Osseiran Printing Photogravure Vartan sarl ■

Related Books & Audiobooks