Circular 161, Which Lets People Withdraw LBP From Their Accounts At Sayrafa Rate, Is Being Extended

Circular 161, Which Lets People Withdraw LBP From Their Accounts At Sayrafa Rate, Is Being Extended

The governor of the Central Bank of Lebanon, Riad Salameh, denied the news circulating about the suspension of Circular 161. He confirmed that it will be extended until the end of July 2022, and is subject to renewal. The Governor’s statement announces that the Central Bank will continue to abide by Circular 161 until time indeterminate, at the Sayrafa rate as usual, with no amendments to be mentioned. On December 16th, 2021, the Central Bank issued a decree that permits […]

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The governor of the Central Bank of Lebanon, Riad Salameh, denied the news circulating about the suspension of Circular 161. He confirmed that it will be extended until the end of July 2022, and is subject to renewal. The Governor’s statement announces that the Central Bank will continue to abide by Circular 161 until time indeterminate, at the Sayrafa rate as usual, with no amendments to be mentioned. On December 16th, 2021, the Central Bank issued a decree that permits […]