ECONOMY
New official exchange rate: Timing, challenges and implications
The official exchange rate will shift from LL1,507.5 to LL15,000 on the dollar starting Nov. 1
L'Orient Today / Philippe HAGE BOUTROS and Fouad GEMAYEL, 29 September 2022 17:10
The news came as a bombshell to many. Caretaker Finance Minister and former Banque du Liban executive Youssef Khalil told Reuters on Wednesday that the "official" lira-to-dollar exchange rate will soon change.The official exchange rate of the...
The news came as a bombshell to many. Caretaker Finance Minister and former Banque du Liban executive Youssef Khalil told Reuters on Wednesday that the "official" lira-to-dollar exchange rate will soon change.The official exchange rate of the...