The LBP's Exchange Rate Remains Fixed
©Al-Markazia

The Lebanese Pound’s (LBP) exchange rate remains fixed, despite attempts by speculators to exploit the political atmosphere surrounding the presidential election, official sources told MTV Lebanon.

Speculators are reportedly attempting to create the illusion of an improving LBP exchange rate and a declining dollar value, according to the sources.

However, the Central Bank of Lebanon continues to uphold its monetary policy, ensuring strict control over the exchange rate and preventing speculative activities.

 

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