Lebanon's national bank senator said on Thursday "no one knows" the amount more the expense of dollars could ascend on the underground market in a nation enduring its most noticeably awful monetary emergency in decades.
The Lebanese pound, pegged to the dollar for a long time, has drooped by over 30% on the parallel market, presently the primary wellspring of hard money as banks force tight controls.
"We trust the nation itself will improve so the economy can improve," National Bank Senator Riad Salameh told columnists on Thursday. Solicited how much higher the expense from dollars would rise, he said "no one knows". He didn't intricate.