The government is considering a plan for the Finance Ministry to establish the official exchange rate for the dollar next week at LBP 25,000, a significant increase from the current rate of LBP 15,000.

This potential adjustment is prompted by the growing demand for Lebanese lira liquidity among depositors, which banks are unable to meet at the existing exchange rate of LBP 89,500 per dollar.

Caretaker Prime Minister Najib Mikati has been in discussions with the acting Banque du Liban (BDL) governor, Wassim Mansouri, regarding this matter.

Mansouri has reportedly expressed opposition to the idea of implementing multiple exchange rates, emphasizing that the prevailing rate set by the BDL remains at LBP 89,500 per dollar.