{"id":60207,"date":"2020-06-12T00:00:00","date_gmt":"2020-06-12T00:00:00","guid":{"rendered":"https:\/\/www.beirut.com\/60207\/central-bank-to-inject-us-dollars-into-lebanese-market"},"modified":"2020-06-12T00:00:00","modified_gmt":"2020-06-12T00:00:00","slug":"central-bank-to-inject-us-dollars-into-lebanese-market","status":"publish","type":"post","link":"https:\/\/www.beirut.com\/en\/60207\/central-bank-to-inject-us-dollars-into-lebanese-market\/","title":{"rendered":"Central Bank To Inject US Dollars Into Lebanese Market"},"content":{"rendered":"During an emergency cabinet meeting that is currently underway in the presence of PM Hassan Diab, BDL Governor Riad Saleme, and other high authority officials, it was announced that the Central Bank will be injecting US dollars into the market to help stabilize the national currency. In turn, the head of the Syndicate of Money Changers in Lebanon stated that the currency exchange rate will be set to 3,940 LL per USD.<br \/>  <br \/>    <blockquote class=\"twitter-tweet\"><p lang=\"ar\" dir=\"rtl\"><\/p>\u2014 (@ALJADEEDNEWS) <a href=\"https:\/\/twitter.com\/ALJADEEDNEWS\/status\/1271378734080307205?ref_src=twsrc%5Etfw\">June 12, 2020<\/a><\/blockquote> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>  <br \/>  <br \/>  <b><i>Editorial Purpose:<\/b> We&#8217;re sharing this piece of content to keep you in the loop on the latest happenings in the country.<\/i><br \/>  <br \/>  This comes after protests erupted in the country late last night when the currency exchange rate reportedly reached an unprecedented high. Circulating rumors stated that the dollar was being traded for 7,000 LL in the black market, but officials were quick to shut them down. <br \/>  <br \/>  It was confirmed however, that the dollar exchange rate had neared 5,500 LL, which evoked angry protests all over the country. <br \/>  <br \/>    <blockquote class=\"twitter-tweet\"><p lang=\"en\" dir=\"ltr\">Protests have erupted all over Lebanon tonight after the dollar exchange rate reportedly reached 7,000 LL in the black market. <a href=\"https:\/\/twitter.com\/hashtag\/LebanonProtests?src=hash&#038;ref_src=twsrc%5Etfw\">#LebanonProtests<\/a><\/p>\u2014 Beirut.com (@BeirutCityGuide) <a href=\"https:\/\/twitter.com\/BeirutCityGuide\/status\/1271168254694895622?ref_src=twsrc%5Etfw\">June 11, 2020<\/a><\/blockquote> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>  <br \/>  <br \/>  People driven by their hunger and desperation took to the streets, chanting against the ruling class. <br \/>  <br \/>    <blockquote class=\"twitter-tweet\"><p lang=\"en\" dir=\"ltr\">Live from <a href=\"https:\/\/twitter.com\/hashtag\/Beirut?src=hash&#038;ref_src=twsrc%5Etfw\">#Beirut<\/a> tonight. <a href=\"https:\/\/twitter.com\/hashtag\/LebanonProtests?src=hash&#038;ref_src=twsrc%5Etfw\">#LebanonProtests<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/%D9%84%D8%A8%D9%86%D8%A7%D9%86_%D9%8A%D9%86%D8%AA%D9%81%D8%B6?src=hash&#038;ref_src=twsrc%5Etfw\"><\/a> <a href=\"https:\/\/t.co\/gqh7GpLcuz\">pic.twitter.com\/gqh7GpLcuz<\/a><\/p>\u2014 Beirut.com (@BeirutCityGuide) <a href=\"https:\/\/twitter.com\/BeirutCityGuide\/status\/1271174631484018692?ref_src=twsrc%5Etfw\">June 11, 2020<\/a><\/blockquote> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>  <br \/>  <br \/>  <br \/>  <br \/>  <br \/>  ","protected":false},"excerpt":{"rendered":"<p>During an emergency cabinet meeting that is currently underway in the presence of PM Hassan Diab, BDL Governor Riad Saleme, and other high authority officials, it was announced that the Central Bank will be injecting US dollars into the market to help stabilize the national currency.<\/p>\n","protected":false},"author":0,"featured_media":435597,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_preview_accessed":0,"footnotes":""},"tags":[],"media-embed-type":[],"class_list":["post-60207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"authorship":[144],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Central Bank To Inject US Dollars Into Lebanese Market<\/title>\n<meta name=\"description\" content=\"During an emergency cabinet meeting that is currently underway in the presence of PM Hassan Diab, BDL Governor Riad Saleme, and other high authority 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