The price of the dollar today in Lebanon, Thursday, January 6, 2022… What did an economist expect for the price of the dollar?

The price of the dollar today in Lebanon

The price of the dollar today against the Lebanese pound, Thursday, January 6, 2022, in unofficial black market transactions.

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The price of the dollar in Lebanon today

The price of the dollar at the beginning of today’s trading in the unofficial parallel market in Lebanon ranged between 29,700 and 29,800 pounds per dollar.

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The price of the dollar today in banks

And last December, the Central Bank of Lebanon announced a new exchange rate for withdrawing from dollar deposits in Lebanese pounds at 8000 pounds to the dollar.

The price of the dollar today in the Banque du Liban

The Banque du Liban has officially kept the exchange rate of 1,500 pounds to the dollar, which is destined for the import of some necessary goods, but all goods are sold at the market price.

‘The year 2022 is torment’… What did an economist expect the price of the dollar?

The economic expert, Louis Hobeika, explained that “the price of the dollar reflects the process of supply and demand, and dollar sales in the market are limited, and whoever owns a dollar does not sell it except for emergency cases.”

Hobeika said: What is happening is that the supply is very weak in exchange for strong demand, and this is caused by people’s fears in the sense of anxiety about the current situation, as the political tensions that occur are worrying, and therefore nothing is reassuring and the only hope is through the elections. ?

He added, “I named 2022 the year of torment, and we hope that in the parliamentary and presidential elections, new faces will emerge from it that inspire confidence and have new ideas, as it is not only the faces that are important, we need new ideas, approaches and mentality.” ?

Hobeika continued, “However, no one guarantees that the elections will take place, even the most optimistic people are likely to take place. No one dares to postpone or cancel them, but no one confirms that they will happen, so all these factors affect us negatively.” ?

Hobeika concluded by saying: “Supply is limited and demand is large, therefore it is certain that the “dollar is rising,” and the more strong the tension continues, the more pressure increases and leads to the rise of the dollar,” stressing that “the repercussions of this matter are bad for everyone, given the Because of the high prices that accompanies the rise of the dollar, because we are a country that depends on imports, and the internal atmosphere is tense, and the huge rise in Corona cases on a daily basis is sufficient for us.” ?

Hobeika gave advice to the citizens in which he called them “to pay attention, and if they know that what awaits us is negative, they should be prepared for it, and if they expect the dollar to rise, there are a number of actions related to this matter, and the clear fact is that the dollar in Lebanon is going up, and God protects us because “The sharpening of modesty in politics” has been cut off in Lebanon. ?

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