Sources active in the financial sector have seen that the intervention of the Banque du Liban to pump dollars through the “banking” platform may not last long with the current volume, noting that “the current pumping volume has exceeded approximately one billion dollars in a week. “
The sources stressed that the level of Central Bank spending on “currency exchange” could gradually decline, explaining that this issue has begun to affect parallel market speculators who have returned to regain the initiative towards the price fixing which they want, and continued: “In this regard, the first manifestation of this is that the price of the dollar has risen again and has not come very close to the exchange rate, contrary to what experts expected.
And the sources believed that speculators can get involved in the banking system through their own accounts, and through their money they can get dollars according to the “exchange” rate, and added: “In this case, it is in the interests of these speculators to raise the price of the dollar to accumulate more and more profits, and this The matter has become evident on a daily basis, as it has been observed that the increase is happening gradually and day by day.
And he concluded: “We are expected to see a price increase soon and so far the margin between the exchange and the parallel market has become around 6,500 Lebanese pounds and may increase thereafter.”
