BEIRUT (AP) — Lebanon's embattled currency hit a new low Tuesday, trading at an unprecedented 100,000 Lebanese pounds to the dollar on the black market as the crisis-hit country's banks went back on ...
Lebanon's embattled currency hit a new low Tuesday, trading at an unprecedented 100,000 Lebanese pounds to the dollar on the black market as the crisis-hit country's banks went back on strike. The ...
FILE - People pass by the Lebanese Central Bank, in Beirut, Lebanon, Monday, Sept. 26, 2022. Three years into a crippling financial crisis, Lebanon's Central Bank on Wednesday, Feb. 1, 2023 set a new ...
Since 2019, the value of the Lebanese pound has plummeted from 1,507 to the dollar to 100,000 on the parallel market, plunging much of the population into poverty — ANWAR AMRO The Lebanese pound sank ...
BEIRUT: Bankers said Thursday that conversion of accounts from Lebanese pounds to dollars increased after Qatar and Turkey failed to break Lebanon’s political deadlock, amid unconfirmed reports that ...
Conversions from Lebanese pounds into dollars up -cenbank Interbank rates hit 100 pct -cenbank Governor denies rumours of cash withdrawals restrictions Says forex reserves sufficient to deal with ...