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Banque du Liban announced on Monday that it extended Circular 161, a measure meant to narrow the gap between the parallel market exchange rate and that of the central bank’s Sayrafa rate, until the end of September, as the bank’s grip on the national currency further slips away. BDL originally issued the circular on December 16, allowing banks to sell dollars to depositors at the Sayrafa exchange rate, and has been repeatedly renewed by the central bank since.