the Central Bank of Lebanon will sell US dollars to banks at the recently announced Sayrafa exchange rate next week.

In a statement released on Friday, central bank Governor Riad Salameh said the Bank of Lebanon (BDL) “Will sell US dollars to banks participating in the Sayrafa platform at a price of 12,000 pounds per dollar.”

As a result, he urged interested Sayrafa users to register all requests on the platform, from Monday May 31 to Wednesday June 2, provided that payment upon registration is in cash. Lebanese pounds.

“American dollars are paid exclusively to correspondent banks”, Salameh added, noting that the Banking Control Commission of Lebanon has been tasked with ensuring that bureaux de change “respect the implementation of the relevant circulars”.

Last week, the BDL fixed the exchange rate of the Lebanese pound against the dollar at 12,000 LBP / USD on the Sayrafa platform, a few days after the launch of the platform.

Governor Salameh has since announced that depositors in Lebanese banks will be able to receive $ 50,000 by the end of June.

This decision is in accordance with the BDLThe plan to relieve the Lebanese by allowing them to access their deposits after months of being excluded by the banks.

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