Lebanon’s central bank, Banque du Liban, issued a statement on Monday pushing back against what it described as politically motivated media reports, reiterating that its sole mandate remains the preservation of monetary stability and the protection of depositors’ funds amid the country’s prolonged financial crisis.

In its statement, the central bank stressed that it “remains committed to a single agenda: safeguarding monetary stability.” It said it continues to coordinate closely with relevant ministries, particularly the Ministry of Finance, as well as other financial-sector stakeholders, in order to ensure a steady inflow of foreign currency into the country and maintain stability in the exchange rate of the Lebanese pound.

The bank emphasized that these efforts are being carried out within a disciplined policy framework designed to protect both state resources and depositors’ funds, while maintaining what it described as a “sound balance” between the two. It added that all operations are conducted within strict regulatory boundaries that are intended to preserve financial stability rather than undermine it.

Banque du Liban further underscored that it operates strictly within the law and in coordination with the government and the Ministry of Finance, aiming to ensure coherence between fiscal and monetary policy. It said it remains firmly committed to the full application of existing regulations and to its legal responsibilities as outlined in Article 70 of the Code of Money and Credit, which places the preservation of the Lebanese currency at the core of its mandate.

The central bank concluded by stressing that broader political stability remains a prerequisite for any meaningful economic recovery. It said progress in this direction is essential to restoring confidence in the financial system, strengthening the effectiveness of monetary policy, stabilizing the national economy, and supporting the recovery of both the public and private sectors after years of economic collapse.