Beirut: Banque du Liban said on Monday its sole priorities are preserving monetary stability, restoring deposits under financial regularization laws, reviving the banking sector, and strengthening public finances. In a statement, it stressed ongoing coordination with the Finance Ministry to ensure foreign currency inflows and exchange rate stability, while safeguarding depositor and state funds.
According to National News Agency - Lebanon, the bank affirmed it operates strictly within the law and remains committed to its mandate under Article 70 of the Monetary and Credit Law, notably maintaining the soundness of the Lebanese currency. The bank also noted that political stability is key to economic recovery and restoring confidence.