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Beirut.com 12 Jun 2020

Speaker of Parliament Berri: “We agreed to reduce the dollar exchange rate to 3,200 LL”

Following a meeting with President Michel Aoun and Prime Minister Hassan Diab in Baabda, Speaker of Parliament Nabih Berri held a televised press conference during which he announced that the three heads of state have agreed to work on reducing the dollar exchange rate to 3,200 LL, starting today.

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The procedures needed to facilitate this plan have been agreed upon during an emergency cabinet session that was held earlier today, he continued.

This comes after protests erupted across Lebanon last night when the dollar exchange rate reportedly reached an all-time high.

When asked about the possible resignation of BDL Governor Riad Saleme, Berri said: “We currently need everyone, and cannot forgo anyone at the moment.”