Salameh Says Elections Resonated Well in Financial Circles

Central Bank (BDL) Governor Riad Salameh said on Thursday that staging the parliamentary elections has had a positive impact in the international and domestic financial circles.

“The reactions were good. Holding the elections has had a positive effect in financial circles,” Salameh told President Michel Aoun during their meeting at Baabda Palace.

The governor pointed out saying “the Lebanese pound is stable. Discussions to find the best ways to address the rise in global interest rates and oil prices are underway.”

He also said that Banque du Liban maintained its high foreign exchange reserves and recorded steady growth of deposits in the banking sector.