Salameh Says Necessary Measures Will Be Taken to Protect Lebanese Lira

  • Economics
Salameh Says Necessary Measures Will Be Taken to Protect Lebanese Lira

The Central Bank has announced some measures that will contribute to protect food.

Central Bank Governor Riad Salameh on Thursday stressed that BDL will intervene in the market from Monday and take appropriate measures so as to protect the Lebanese pound and curb the rise in the dollar exchange rate.

These measures will be imposed in a bit to secure the import of basic foodstuffs according to a circular to be issued in coordination with the Economy Ministry.

Banks can also contribute to these operations in coordination with the Central Bank.

 

 

Source: Kataeb.org