Mubasher: Fuel prices in Lebanon witnessed a new jump in the pricing schedule at the beginning of the week, in conjunction with the continuous rise in the exchange rates of the US dollar once morest the Lebanese pound during the two days, Sunday and Saturday, in addition to a change in the pricing policy adopted by the Central Bank of Lebanon.
The price of gasoline, 95 and 98, increased by 16,000 Lebanese pounds today, Monday, to record 591,000 pounds and 604,000 pounds, respectively, according to the Middle East News Agency.
While the price of diesel increased by 7,000 Lebanese pounds to record 697,000 pounds, and the price of a gas bottle increased by 7,000 pounds, to 335,000 pounds.
This comes despite the increase in fuel prices on a daily basis since last Tuesday until Friday, the end of the working days of the week.
The exchange rate of the dollar once morest the lira in the market at the beginning of today’s trading rose to 34,500 liras to the dollar, an increase of 500 liras over the average exchange rate yesterday, before it fell to 33,800 liras in midday trading.
On the official “exchange” platform, the exchange rate jumped once more to record 27100 pounds to the dollar, which is the highest price of the platform ever since its launch, with an increase of 200 pounds to the dollar compared to the end of last week’s trading at 26900 pounds to the dollar.
In a related context, the head of the grouping of oil importing companies, Maroun Shammas, confirmed that the companies delivered fuels to the stations today and there is no crisis at the moment, commenting on the fact that a number of stations closed their doors yesterday, awaiting the new pricing in light of the continuous rise in the exchange rate.
Shammas added that the Banque du Liban informed the companies to secure 55% of the dollars on the exchange rate and 45% for the companies to secure from the informal market, which results in the large and continuous rise in the price of gasoline, specifically that 70% of its price was secured on the exchange platform during Last week, diesel fuel is priced according to the market price.
