Public Actions
Banque du Liban extends Circular 161 until February 28, 2022
Date:
Wednesday, January 26, 2022
Lebanon’s central bank has extended Circular 161 until the end of February. Under the circular, the bank will continue selling dollars to commercial banks in exchange for lira at the Sayrafa rate to meet demand. This process allows banks to sell US dollars in unlimited quantities to their clients.
Sources:
Acting Bodies:
Banque du Liban (BDL)
Type:
Resolutions
Categories:
Economic measures (State budget, rent law, wages...)
Impact:
National
Status:
Approved/ Ratified
Civil Society Response:
Not applicable