Monday, May 6, 2019

External bank transfers and forex pricing resume. Beirut Stock Exchange halts trading due to Central Bank employee strike


The Central Bank (BDL) will carry out transactions pertaining to incoming external transfers to the private and public sectors during the ongoing strike of its employees.

This decision resulted from an agreement reached between Governor of BDL Riad Salameh and the union of BDL's employees.

Both parties have decided that BDL will resume foreign exchange operations as well as official pricing of the exchange value of the lira against the U.S. dollar and other foreign currencies.
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