Banking risk expert, Muhammad Fahili, considered that “a banking platform has become meaningless with the continuous rise in the exchange rate of the dollar.” He said: “The Bank of Lebanon cannot do anything, and one hand cannot applaud, but I expect that the supply of dollars will increase over demand during the month of Ramadan with the emergence of aid.”
In an interview on “Al-Jadeed” channel, today, Sunday, Fahili stressed that “the political authority, with all its components, bears the responsibility for raising the exchange rate of the dollar.”
In turn, the economic journalist Ali Noureddine saw that “the repercussions of the banks’ strike on the exchange rate of the dollar are catastrophic,” expecting that the pace of the dollar’s price will continue to rise in the coming days.
Regarding the investigation file with the Governor of the Banque du Liban, Riad Salameh, Noureddine said: “There is a shift in the authority’s position in dealing with the Salameh file, as the parties to the authority prefer to try the latter in Lebanon rather than be tried abroad.” He added: “There is a Lebanese fear that Riad Salameh will be a ram.” He is a burner of power, and he is a person familiar with all the financial engineering, and he is the storehouse of the power’s secrets, and the system is afraid of persecuting him.”
He concluded, “We are on the verge of prosecuting Riad Salameh, and there will be additional risks to the financial system in Lebanon.”
