The Banque du Liban announced in a press release from its governor, Riad Salamé, that it will provide commercial banks in US dollars at the rate of its Sayrafa platform, ie 12,000 LL / USD. The banks will in turn be able to sell these dollars at the rate of 12,120 Lebanese pounds per dollar.
The press release specifies that banks wishing to participate will be able to register for this procedure between June 7 and 9. The operations will begin from June 10 in favor of the correspondent banks exclusively and under the control of the banking supervisory commission. It also controls the operations of the participating stockbrokers.
10 million dollars should thus be made available to banks
