BEIRUT, March 31 (Reuters) - Lebanon's central bank on
Friday extended its arrangement allowing banks to purchase an
unlimited amount of U.S. dollars on its Sayrafa exchange
platform until the end of April, a central bank statement said.
A circular on the arrangement was first issued at the end of
2021 and has been regularly extended since. Governor Riad
Salameh said earlier this month the central bank would sell
unlimited U.S. dollars at the rate of 90,000 pounds to prop up
the collapsing pound.
(Reporting by Maya Gebeily; Editing by Hugh Lawson)
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