Lebanon

The Shocking Reason Behind the Surge of the Dollar

The Shocking Reason Behind the Surge of the Dollar

Informed sources have revealed a main reason for the rapid and irrational rise of the dollar. They noted that "a large part of the dollars in the Lebanese market is being smuggled into Syria through the borders by illegal money changers." This information came after reports about the increase in the dollar's exchange rate in Syrian territory, and it is required that the army and security forces make a decisive decision to take action.

As for the Central Bank of Lebanon opening credits to unload fuel ships that arrived for the Electricité du Liban, the sources indicated that "the Central Bank is supposed to open credits for the fuel ships at the beginning of next week, amounting to an estimated 63 million dollars."

Thus, Lebanon stands on the brink of the holidays, waiting for external initiatives that may open a crack in the closed wall, as many of those involved have lost all sense of responsibility and ignore the calamities faced by citizens who have lost their trust and are no longer expecting any action from the authorities to avert the significant collapse.

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