$1 billion extra expected soon by the Central Bank
2019-09-12
Potential for securing more funding
 
The Central Bank (BDL) is expected to soon obtain a deposit worth nearly $1 billion through one of the local banks, banking sources told the Central News Agency (Al Markazia).
 
BDL is using fresh inflows to boost its foreign currency reserves and meet maturing government debt in foreign currencies.
 
They said that $4 billion was received by BDL over the last two months which will be used to boost its foreign currency reserves and meet maturing government debt in foreign currencies.
  
Reported by Shikrallah Nakhoul
Source Businessnews
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