Head of the Lebanese Central Bank, Riad Salameh, issued on Tuesday a statement which indicated that the exchange rate of the US dollar rose 2000 L.L. on the black market during the holidays as a result of the speculation operations and cases of smuggling the fresh dollars from Lebanon to ...
The Lebanese Lira (pound) sank on Monday to a new historic low against the US dollar in the black market. As of Monday afternoon, black market traders in cash-strapped country were selling the US Dollar for 47,500 LBP and buying it for 47,700 LBP. Lebanon has been currently experiencing hyperinflation ...
