dollar

Navigating Dollar Fluctuations: Avoiding Overreliance

par Liliane Mokbel, 17/01 22:43 - Reading : 3 minute(s)

Banque du Liban dollar Dollar Fluctuations

Initiating an adjustment of the dollar exchange rate at 89,500 Lebanese pounds before transitioning to a floating exchange rate regime is a prudent and essential measure. While standardizing the exchange rate is vital for economic revitalization, a key question remains: Does this imply a floating system, where the dollar-to-pound exchange rate is ...

Will the State Council Suspend Mikati’s Decision?

par Maurice Matta, 23/01 12:44 - Reading : 3 minute(s)

dollar

Following the adoption of fourteen laws during the Parliament sessions on December 14 and 15 and the decision of the Council of Ministers, during its session on December 19, to issue these laws in the name of the President of the Republic, caretaker Prime Minister Najib Mikati signed only eleven laws, deciding not to publish three others, ...

But What Happened to the Bank Dollar?

par Liliane Mokbel, 30/01 21:33 - Reading : 3 minute(s)

BDL budget dollar

The issue of the bank dollar exchange rate remains unresolved. Parliament withdrew from this task during the review of the 2024 Budget, while the Central Bank of Lebanon (BDL) is taking its time to decide on the matter. The acting governor of the Central Bank of Lebanon, Wassim Mansouri, is expected to arrive in Beirut from Paris on Tuesday ...

New NSSF Policies Facing Employer Discontent

par Liliane Mokbel, 03/02 11:57 - Reading : 2 minute(s)

dollar

On Friday, Mohamad Karaki, the Director-General of the National Social Security Fund (NSSF), made a pivotal decision to set the exchange rate at 89,500 Lebanese pounds per one dollar for calculating contributions from NSSF members who receive their salaries, either in full or in part, in foreign currencies. This adjustment becomes effective as of ...

Bank Dollar Rates: LBP 15,000, 25,000 or 30,000?

par Liliane Mokbel, 08/03 21:56 - Reading : 4 minute(s)

Bank Central Bank of Lebanon dollar

For those wondering when the bank dollar exchange rate is going to increase, it is becoming increasingly clear that it won't happen anytime soon. It's a complete mystery. The causes are many. The government, the Central Bank of Lebanon (BDL) and the Ministry of Finance continue to pass the blame, leaving depositors frustrated. None of them is ...

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