The Banque du Liban (BDL) has apparently taken a series of measures to prevent any fluctuations in the exchange rate of the Lebanese pound against the dollar that could result from the military conflict in Gaza.

According to banking sources quoted by the Al-Markaziya agency, the BDL aims through these measures to prevent the pumping of large quantities of Lebanese pounds and to monitor speculators, in addition to its limited intervention in the market.

The measures taken by BDL’s first deputy governor, Wassim Mansouri, according to the above-mentioned sources, were met with satisfaction on the Lebanese currency market, which remained stable on Sunday, as it has been for some time.

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