For the first time in 5 years, the official dollar price in Lebanon has reached a level that it has not reached previously, at least during the aforementioned period. According to the online price, the official price of the dollar is currently 1,534 Lebanese pounds, while the usual price ranges between 1,500 and 1,507 pounds. This price of the official dollar comes amid the price of the dollar on the parallel market, which currently ranges between 23,400 and 23,450 Lebanese pounds. According to experts, it is in the state’s interest for the official dollar to remain at a low rate, for the main reason that it passes internal debts on the basis of a low dollar rate. Also, the price of this dollar is of interest to the citizen now, as it is on its basis that electricity and telecommunications bills are calculated, and on its basis citizens pay their loans to banks and housing.

By sarah

Sarah Othman, biochemistry student, holds a master's degree 1 from the Lebanese University. Seeking to obtain a second degree in the field of informatics. She works in the media field at Rahal Global News. Interested in cultural, artistic and news matters. A teacher in a school, and a private teacher . Holding laboratory experience in a government hospital and in private laboratories.