With the increasing collapse and the multiplicity of crises, the problems exacerbate to affect unexpected matters that are not in the minds of the Lebanese. After the collapse in the national currency and its decline once morest the dollar, citizens are suffering today from the loss of the dollar’s “freedom”, that is, the one-dollar, 5- and 10-dollar denominations, and it may also affect the category of dollars. The $20.
This crisis led to some commercial and financial stores, such as some OMT centers, resorting to exploiting the Lebanese and imposing new rules that made it difficult for them to manage their affairs, such as securing these currencies from other sources, or accepting to exchange them from these centers and stores, but at prices different from the parallel market price, with a margin of difference that may reach to 9 thousand pounds.
In this regard, follow-up economic circles confirmed that “the reason for the loss of the superfluity of” the dollar in the markets “is the increasing demand for these banknotes, and the demand for them has recently increased dramatically because citizens spend as much as they need, so whoever has 100 dollars spends 20 dollars and leaves 80 for another time because Possibility of an appreciation of the exchange rate.
In an interview with the “Lebanon Debate”, the circles said: “On the other hand, we do not forget that what happened following 2020 and 2021 through the prosecution and harassment of money transfer companies, foremost of which is the Muktif company, and what happened with it in terms of tendentious pursuit, encroachment and restriction of work on it may be for certain interests.” And agendas benefiting other parties contributed to this crisis.”
She explained, “In the past, this company was the first in Lebanon, and it was interested in exchanging dollars, sending them from Lebanon, and bringing them in. In the past, there was no problem if there was a dollar currency that was not new, but rather it was taken and exchanged through a stock company.”
The circles concluded by saying, “The injustice that befell this company affected this process, the existence of a clean currency, and the excess of the dollar.”
