The price of the dollar increased in Lebanon during morning trading today in the unofficial currency market, despite weak demand due to the health emergency in the country.
And ranged The price of the dollar in Lebanon During the transactions of this market, between 8840 – 8890 Lebanese pounds per dollar, according to local media.
Among the pressures on the currency, an advertisement Lebanon The complete closure to confront the Corona epidemic after an unprecedented increase in the number of injuries and the inability of hospitals to receive more patients.
The Supreme Defense Council in Lebanon declared, after an exceptional meeting held last Monday, headed by President Michel Aoun at the Presidential Palace, in the presence of a number of concerned ministers and officials, a “health emergency”.
And it has taken a series of strict measures for the first time, the most important of which is the imposition of a curfew starting from Thursday morning until the 25th of this month, with exceptions affecting workers in the health sector, vital facilities and installations, the military and journalists, provided that private companies, bank branches, institutions and schools close their doors.
The price of the dollar in the central bank remained at $ 1507.5, for basic commodities only.
While the Lebanese banks set the price of 3,850 pounds to the dollar, when withdrawing the dollar to small depositors a while ago, and it is still in force today.
The Syndicate of Money Changers in Lebanon proved pricing the exchange rate of the dollar against the Lebanese pound with a moving margin between the price of 3850 pounds for purchase and 3900 pounds for sale, as a maximum.
There is escalating talk about liberalizing the price of the Lebanese pound, which dominated the black market transactions of dollars in Beirut and a number of suburbs in Lebanon.
The World Bank agreed to provide $ 246 million in emergency aid to Lebanon’s poor in the form of remittances.
The aid targets about 786,000 Lebanese who live in poverty and suffer under the weight of two severe economic and health crises in the country.