Follow-up economic circles expected, today, Monday, that the black market dollar will rise in the coming days, following completely removing support from the price of gasoline.
The circles indicated that “following lifting the subsidy, the price of the black market dollar will rise under the pretext of securing dollars from the black market to secure gasoline, and this will lead to raising prices at all levels.”
She said, “If there is no reforms and an agreement with the IMF, the dollar is heading upwards and it cannot be mined to any extent because the applications can set the price they want.”
And the circles stressed the need for “there should be a role for the Bank of Lebanon, to intervene in it to curb the violent jolts of the dollar, and there must be a role for the security services.”