Informed monetary and banking sources confirmed to "Al-Markazia" that the exchange rate would remain stable and steady for the following reasons:

1. Lebanon's Central Bank maintains strict control over the foreign exchange market, preventing manipulation by certain money exchangers. Some have attempted to spread rumors of instability, but the Central Bank has swiftly countered these efforts.

A recent meeting between caretaker Prime Minister Najib Mikati and Acting Governor of the Central Bank, Wassim Mansouri, focused on reviewing the measures taken by the Central Bank to ensure the stability of the exchange rate.

2. A $200 million boost into the market this month, as part of a directive issued by the Central Bank to disburse three months of payments to beneficiaries of Circulars 158 and 166, will ease pressure on the monetary market. Beneficiaries will likely convert these funds into the market, helping to stimulate the economy, which has been struggling due to the ongoing war and its consequences.

This amount will be distributed equally between the Central Bank’s mandatory reserves and commercial banks.

3. Dollarization in the country has surged to over 90%, as the cost of services, purchases, and even taxes and fees have shifted from Lebanese pounds to US dollars.

4. The Central Bank continues its efforts to reduce the circulation of Lebanese pounds, with the monetary base dropping from 75 trillion to 57 trillion pounds.