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Lebanon’s embattled currency has hit a new low, 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.
Protesters closed down major roads in parts of Lebanon on Tuesday after the Lebanese pound briefly hit a new low amid a historic economic crisis that seemingly has no end in sight.. The Lebanese ...
Lebanon’s Central Bank has set a new exchange rate that effectively devalues the country’s currency by 90% but did little to bridge the gap with the soaring black market rate.
Lebanon's central bank will begin selling unlimited amounts of U.S. dollars in a bid to halt the spiralling devaluation of the Lebanese pound, Governor Riad Salameh said on Tuesday. Salameh set a ...
The windows in Zakar Keshishian’s house rattle violently as Israeli air strikes pound Lebanon’s capital, Beirut. “We don’t know how close the bombs will land from us,” said the 56-year-old.
Lebanon's central bank announced on Tuesday it was steeply lowering the value of the pound to 38,000 pounds per U.S. dollar on its Sayrafa exchange platform, in a bid to ease the currency's ...
By KAREEM CHEHAYEB Associated Press. BEIRUT (AP) — Lebanon’s embattled currency has hit a new low, trading at an unprecedented 100,000 Lebanese pounds to the dollar on the black market as the ...
Lebanon's central bank announced on Tuesday it was steeply lowering the value of the pound to 38,000 pounds per U.S. dollar on its Sayrafa exchange platform, in a bid to ease the currency's ...
BEIRUT — Three years into a crippling financial crisis, Lebanon’s Central Bank on Wednesday set a new exchange rate that effectively devalued the country’s currency by 9… ...
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.
Lebanon’s embattled currency has hit a new low, 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 ...
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 ...