Lebanon’s seemingly endless economic turmoil has sent the Lebanese lira (pound) to a new record low on Monday, plunging Lebanese citizens into more distress. Dealers reported that the Lebanese lira was trading 117,000 LBP to the US Dollar at noon on Monday. The low on Monday comes less than a ...
A prominent economist warned on Monday that closure of banks across Lebanon will lead to more drop in the Lebanese pound against the US dollar in the black market. Talking to Al-Manar, Full Professor and Researcher of Physics & Economics at the Lebanese University DR. Jassem Ajaka stressed that the ...
