As the Lira Rate Beirut today reaches 1 USD = 97,200 Lebanese Lira on April 19, 2023, Marada Movement chief Suleiman Franjieh focuses on the significance of regional thaw and the return of refugees as top priorities in the context of Lebanon’s fluctuating exchange rates.
Recent Stability in Lira Exchange Rates
Over the past few days, the Lebanese Lira has shown relative stability, with only minor fluctuations in the exchange rate. For example, the rate was 1 USD = 97,300 LBP just yesterday compared to today’s rate of 1 USD = 97,200 Lebanese Lira. This stability indicates a slight easing of the economic turmoil. Yet, it is crucial for Lebanon to continue working toward political stability and regional cooperation to ensure a more secure financial future.
Franjieh’s Dialogue with Maronite Patriarch Beshara al-Rahi
During discussions with Maronite Patriarch Beshara al-Rahi in Bkirki, Franjieh dismissed media claims as baseless and distorted, asserting that settlements have begun in the region and rivals are reconciling. He believes these developments will have an impact on Lebanon, and his party is prepared for dialogue with any concerned parties.
Franjieh on Presidential Powers and Legacy
Franjieh also mentioned that he would not give up any of the president’s powers if elected but would exercise them responsibly. The Marada chief’s goal is not to seek power but to leave a lasting legacy as president.
Franjieh’s Stance on Arab Reconciliation
He denied any knowledge of a Saudi veto from the kingdom or its allies and expressed his hope for reconciliation among Arab states, which would benefit Lebanon. During his recent visit to France, Franjieh discussed support for reforms and confirmed his backing for a reformist government and an agreement with the International Monetary Fund.
Hezbollah’s Arsenal and Defense Strategy Dialogue
Regarding Hezbollah’s controversial weapons arsenal, Franjieh suggested that a defense strategy dialogue could provide a solution, and he would sponsor such discussions if he becomes president.
Prioritizing the Syrian Refugee Issue
He also highlighted the issue of Syrian refugees as a priority for any upcoming presidential term, promising to use his close relationship with Syrian President Bashar al-Assad to serve Lebanon’s interests.
Khaldeh-Beirut Highway Blockade and Khaldeh Clashes
In a separate development, members of Khalde’s Arab tribes blocked the Khaldeh-Beirut highway in response to the military court’s rulings against detainees involved in the 2021 Khaldeh clashes. The conflict, which occurred during the funeral of a Hezbollah-linked man, resulted in at least five deaths, including three Hezbollah members. The court sentenced several detainees to seven to ten years in prison, while eight fugitives received death sentences. The Lebanese Army later reopened the blocked road, facing stone-throwing protesters in the process.
Conclusion: The Importance of Addressing Regional Thaw and Refugee Return
In conclusion, as the Lira Rate in Beirut continues to fluctuate, it is essential for Lebanon’s political leaders, including Franjieh, to prioritize regional thaw and the return of refugees. To stay informed on these developments and their impact on Lebanon’s economy, subscribe to our newsletter and receive the latest updates directly in your inbox.
Karim.