Central Bank

The Banking Dollar Maintained At 15,000 LBP

The exchange rate of the banking dollar, also called the "lollar" or local dollar, will officially remain at 15,000 pounds until a new decision is made. As for the cash dollar, it is set at 89,500 pounds. This proposal was submitted by the caretaker Minister of Finance, Youssef el-Khalil, to the Council of Ministers during the meeting held last ...

Central Bank's Safeguards Assessment: Key Findings

Lebanon’s Central Bank (BDL) is making progress with the Safeguards Assessment Program, signed with the International Monetary Fund (IMF) earlier this year. The program centers on revising accounting policies, financial reporting and disclosures to uphold the highest standards of governance and transparency. The Safeguards Assessment Program, ...