About public sector salaries.. Here is what the Banque du Liban did with the dollar within 24 hours

Banking sources said, today, Tuesday, that the process of withdrawing public sector salaries on the basis of the 60,000 Lebanese pounds dollars has been organized today in all banks and there are no significant problems at all, given that the dollars are secured as necessary, denying the rumors that spread through “WhatsApp” that indicate the existence of Weak turnout by employees to withdraw their salaries.

The sources confirmed to “Lebanon 24” that the volume of trading on the “Sarafa” platform today, amounting to 97 million dollars, is very large and indicates that the mechanism for pumping dollars approved by the Banque du Liban is still continuing and escalating. The dollar traded on “exchanging” $ 12 million within 24 hours, and she added: “The figure mentioned today ($97 million) confirms the occurrence of a constant matter, which is that the Banque du Liban continues to accept exchange requests and pay them through banks, and the evidence for this is the relative satisfaction that it is witnessing.” markets in terms of the exchange rate.
On the other hand, the sources pointed out that the Central Bank does not disclose the volume of dollars that are being pumped, but they indicated that the decline in the price of the dollar and the continued access of citizens to hard currency from banks are indications that the volume of trading on “banking” is the main focus of paying dollars, not Purchased by the Banque du Liban.

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