The exchange rate of the dollar is dropping at a record speed from about 33,000 L. Lto the limits of 24,000 L. L. It is really good news for all the Lebanese without exception, because this will be directly reflected on them by reducing the cost of living and living by up to 27 percent. Practically, this means a significant decrease in the prices of consumer goods, food, basic and luxury goods, especially imported ones, by 27 percent, as well as the prices of fuels such as gasoline, diesel and gas, as well as the cost of electricity generators, clothes, shoes and everything even manufactured in Lebanon, but at a lower rate. The importance of this matter is also that the dollar exchange rate will record a kind of stability or decline in the coming period, because Banque du Liban Circular No. 161, which allowed the purchase of fresh dollars from banks in unlimited quantities against the fresh lira, also coincided with the return of the government to the meeting, which means that The psychological factor among the Lebanese has become less pressured on the lira, awaiting what the government will do on the issues of the general budget and the rescue plan and negotiations with the International Monetary Fund. Based on the foregoing, we advise the Lebanese to wait to buy their needs for a few days, waiting for the prices to be reduced in various stores, major sales centers and supermarkets, because there are always those who try to make illegal profits by procrastinating to reduce their prices. Here, the Consumer Protection Directorate in the Ministry of Economy and Trade must move quickly, starting tomorrow morning, Monday, to control this issue and set things right. In the same context, and in order to clarify matters more, if we take a group of basic commodities that are permanently consumed, their prices must be reduced and based on the dollar exchange rate of 24000 L. L, as follows: ​Gasoline canister is less than 300,000 L. L. A diesel canister is a little more than 300,000 L. L. A gas bottle is about 270000 L. L. A large bundle of bread is about 8500 L. L. The various foodstuffs imported from abroad should decrease by 27 percent. All products manufactured in Lebanon should reduce their price between 10 and 15 percent. All goods imported from abroad of all kinds and uses must decrease by 27 percent.

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.