Central Bank of Lebanon

Brief History

The Banque du Liban (BDL) is Lebanon’s Central Bank. It was established by the Code of Money and Credit in 1963 and started to operate effectively on April 1, 1964. BDL’s mandate includes safeguarding the national currency and maintaining financial and economic stability. Its main functions include the issuance of the national currency, regulating the money supply, controlling interest rates, setting the monetary policy, and overseeing and developing the banking and financial

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