The calls to remove the governor of the central bank Riad Salameh from his post will likely lead to “unfavorable” results, and could negatively affect the value of Lebanon’s already sagging currency, the Saudi Asharq al-Awsat reported on Saturday.

For months, Kamal Nasser, a successful plumbing contractor in Lebanon, has seen his business base erode.

There are almost no new construction projects as people save for gloomier days, and with the local currency on a downward spiral, he has not been able to import his most basic materials — tubes or plumbing valves from Europe and Ukraine.

Cabinet on Friday approved a number of measures aimed at reining in the rapid devaluation of the Lebanese pound.

A statement issued after a Cabinet session in Baabda said the justice minister has been tasked to ask the state prosecutor to conduct investigations over “fabrications and false claims aimed at devaluing the national currency.”

President Michel Aoun on Friday suggested that Thursday’s dramatic rise in the dollar exchange rate on the black market could have been part of a “planned plot.”

“Financial experts stressed that the dollar or any other currency cannot jump to this extent within hours. This removes the spontaneousness label from everything that happened and indicates the presence of a planned plot against which we must show solidarity,” the president told a Cabinet session in Baabda.

Former premier Saad Hariri warned Friday against sacking long-running Central Bank Governor Riad Salameh, describing any such move as “madness.”

“The threat to fire Riad Salameh is economic, political and constitutional madness that would slaughter the Lebanese economy,” Hariri said in a tweet.

A tripartite meeting was held Friday in Baabda between President Michel Aoun, Speaker Nabih Berri and Prime Minister Hassan Diab, following a dramatic crash of the Lebanese currency that sparked raging nationwide protests.

The meeting preceded a Cabinet session in Baabda.

Prime Minister Hassan Diab emphasized Friday that the government will not allow anyone to "tamper with citizens' livelihood," warning that "this issue is a red line."

Lebanese Forces leader Samir Geagea on Friday blamed Hizbullah, Free Patriotic Movement chief Jebran Bassil and "their allies" for the country's economic pain.

Maronite Patriarch Beshara al-Rahi held talks Friday in Baabda with President Michel Aoun, in the wake of a night of raging protests that engulfed Lebanon over a dramatic rise in the dollar exchange rate on the black market.

“Neither through vandalization nor though burning tires we would get anything. We support a civilized revolution and it is unacceptable to tarnish Lebanon’s cultural and civilized face,” al-Rahi said after the meeting.

Prime Minister Hassan Diab has decided to hold an “emergency cabinet session,” the Premiership said Thursday evening, as the country erupted in anger over a historic rise in the dollar exchange rate in scenes reminiscent of the October 17 uprising.

“PM Hassan Diab has called off his appointments for tomorrow, Friday to hold an emergency cabinet session aimed at discussing the monetary situation,” the Premiership said in a statement.