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Tomorrow.. This is what the Banque du Liban is preparing for

Tomorrow, Wednesday, the Central Council of the Banque du Liban is preparing to hold its second meeting this week, after the first meeting it held, yesterday, Monday, and discussed the latest developments regarding the dollar price and the measures that will be taken to control the market by strictly applying the circulars and decisions issued by the bank.

Banking sources say toLebanon 24 The meeting will complete the discussion of the measures that will be taken in the market, specifically before the start of work on the 15 thousand pounds dollar in banks, as of next February 1, explaining that it is possible for the Banque du Liban to initiate several circulars during the coming period in preparation for the upcoming step related to the bank dollar.

Nevertheless, the sources pointed out that it is not possible to determine whether the Banque du Liban will immediately initiate tomorrow to issue a circular, explaining that the market is now in a state of anticipation and is awaiting the element of surprise from the Central Bank.

Likewise, the sources indicated that some banks are currently awaiting new signals from the Central Bank to find out whether or not there will be amendments to “banking” withdrawals, especially with regard to requests that were submitted on the basis of an open price.

The sources pointed out that these banks are awaiting the issuance of any circular in this regard to know the mechanism of movement during the coming days.

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