The scenario of the dollar in Lebanon in the coming days: decline or rise?

It was noticed during the past days that the price of the dollar has witnessed a clear and prominent decline in the parallel market, which has braked the process of buying and selling the green currency.


Although the internal political atmosphere is “not well”, especially regarding the formation of the government, attention is turning to the reasons that contributed to “venting” the price of the green currency a little.


On this matter, economist Walid Bousliman says to“Lebanon 24” That “this decline is artificial, as it is not based on clear economic and financial foundations,” and added: “There has been no economic change in the country that contributed to the dollar’s decline, which means that this decline is suspicious and artificial and cannot be built on.”


Bouslimane asked, “Can anyone buy dollars from the market? Is the supply now higher than the demand?” He said: “What is happening is that there are attempts to rob people of their money and dollars, and the market manipulation continues by merchants.”


Bousleiman pointed out that “in the event that negativity remains surrounding the political scene, the dollar will rise again in the parallel market, which is expected at any moment.”

Source

scenario dollar Lebanon coming days decline rise

 
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