The fluctuation of the currency exchange market is reflected in a complete chaos in the prices of consumer and food commodities (Hussein Beydoun)
continue The exchange rate of the dollar in Lebanon Its significant rise exceeded today, Thursday, for the first time since the outbreak of the economic crisis, the barrier of 38 thousand llin a trend that is expected to remain upward at the current stage.
and opened dollar exchange rate This morning, it ranges between 37,500 and 37,800 pounds, before rising during the day to range between 38,100 and 38,200 pounds, knowing that prices vary according to applications and at the money changer. Black market Who offer separate and different prices.
The rise in the exchange rate was reflected in an increase in the prices of fuels with all its materials after the Central Bank of Lebanon lifted subsidies on it, the last of which was gasoline, so that the price of octane 95 and 98 canisters increased by 14,000 pounds, while the price of a diesel canister increased by 17,000 pounds and gas 8,000 pounds.
Fuel prices are as follows: gasoline 95 octane 680 thousand pounds, gasoline 98 octane 696 thousand pounds, diesel or diesel oil 839 thousand pounds, and gas bottles 372,000 pounds.
Not all gas stations opened their doors today, Thursday, in light of the continuous objection to the prices of the Ministry of Energy, which they consider to cause them great damage and losses, which was translated into the registration of long queues for cars in front of the operating stations.
Lebanon has been experiencing a stifling economic crisis since late 2019, as the value of the national currency witnessed a gradual deterioration against the high exchange rate of the dollar, which is controlled by electronic applications and the black market, which hit the purchasing power of citizens who became trapped in services and goods all priced in dollars, which exacerbated their suffering while what Their salaries are still in Lebanese pounds, in return for the complete absence of the Lebanese state from performing its role and its failure, during these years, with any comprehensive reform plan to curb the collapse.
In light of the continuing worsening of the economic crisis, and the soaring of the dollar exchange rate, Lebanon is finally witnessing an increase in crime rates, security problems and accidents, which puts social security in a circle of threat, while the operations of storming banks by depositors to fulfill the right in particular are taking an expanded nature, at a time Banks are still holding people’s dollar deposits.