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Reuters
Boutique in Lebanon, archives
According to Lebanese media, some products are running out of stores at a time when the prices of food and other items are seeing an imaginary rise, which bothers the Lebanese, especially as the month of Ramadan approaches.
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The newspaper “Nidaa Al Watan” highlighted the loss of subsidized food from the market, indicating imaginary price differences between one store and another, and the total number of consumers falling to more than 80 percent.
The newspaper said some stores in Nabatiyeh, in southern Lebanon, were victims of fraud signing papers to receive subsidized goods they did not receive in the first place.
The dollar’s exchange rate declined slightly against the Lebanese pound during today’s trading, Tuesday, March 30, on the informal parallel market.
The dollar price on the black market ranged from 12,750 to 12,750 pounds per dollar, after hitting 15,000 pounds in recent weeks.
The dollar exchange rate at the Central Bank of Lebanon remained at 1,507.5 pounds to the dollar, and it is allocated to commodities only, while Lebanese banks set the price at 3,850 pounds to the dollar, when the dollar was withdrawn from small depositors. some time ago, and it is still in effect today.
Source: Nidaa Al Watan + Lebanese media
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