Central Bank to take new measures to ease pressure on dollar demand

Bassam Abou Zeid Author: Bassam Abou Zeid
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30-09-2019 | 13:38
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Central Bank to take new measures to ease pressure on dollar demand
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Central Bank to take new measures to ease pressure on dollar demand

The Lebanese central bank will continue to secure the hard currency needs of the public and private sectors at unchanged fixed rates and a circular to be issued on Tuesday will ease pressure on dollar demand, the governor said on Monday.

Riad Salameh, speaking after a meeting with President Michel Aoun, said the circular will organize the provision of dollars to banks at the official rate "to secure imports of petrol, medicine and flour".

 

 

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