BDL’s Strategy to Tackle Deposit Crisis: An Increase in Withdrawal Exchange Rate?
par Maurice Matta, 20/05 12:20 - Reading : 6 minute(s)
The official exchange rate of 89,500 Lebanese pounds to one US dollar is recognized by the Lebanese Central Bank (BDL) as the unified exchange rate, which banks are required to use when drafting their financial statements and periodic reports. This rate aligns with the parallel market exchange rate. BDL’s Acting Governor, Wassim Mansouri, keeps ...
