Sources following the Central Council meeting of the Bank of Lebanon indicated that "no decisions or circulars were approved during the meeting, and the discussion focused on mechanisms aimed at limiting the depreciation of the lira." The sources revealed to MTV that "a series of new circulars is expected to be issued by the Bank of Lebanon this week, aimed at curbing the depreciation of the exchange rate." The sources announced that "the Bank of Lebanon is heading towards implementing new controls on how to deal with the Sayrafa platform, which will include new conditions."
Additionally, the sources noted a high level of secrecy regarding what was discussed today in the Central Council meeting of the Bank of Lebanon to ensure the effectiveness of the upcoming measures.
