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MONETARY POLICY

BDL: Foreign exchange reserves rise by over $200 million following Aoun's election

The acting governor of BDL described the situation as positive, noting that recent institutional developments have encouraged increased foreign engagement with Lebanon.

BDL: Foreign exchange reserves rise by over $200 million following Aoun's election

Wassim Mansouri, Acting Governor of the Banque du Liban, at his press conference in Baabda on Jan. 16, 2025. (Credit: Screenshot from al-Jadeed)

BEIRUT — "Since the election of President Joseph Aoun, the monetary situation in Lebanon has improved," said Wassim Mansouri, acting governor of the Banque du Liban (BDL), after a meeting on Thursday in Baabda with the new head of state elected on...
BEIRUT — "Since the election of President Joseph Aoun, the monetary situation in Lebanon has improved," said Wassim Mansouri, acting governor of the Banque du Liban (BDL), after a meeting on Thursday in Baabda with the new head of state elected on...