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- Beirut, Lebanon – The black market value of the Lebanese pound has fallen to an all-time low of 35,600 against the US dollar, a drop from 26,800 in the space of just two weeks, and a sign that Lebanon’s economic crisis is set to continue to cripple the country. The exchange rate is unofficial, but is the one primarily used across Lebanon.
www.aljazeera.com › news › 2022/5/26Value of Lebanese pound drops to all-time low | News - Al Jazeera
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May 13, 2024 · Lebanese Pound The USDLBP spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDLBP spot exchange rate is quoted and exchanged in the same day, the USDLBP forward rate is quoted today but for delivery and payment on a specific future date.
May 26, 2022 · 26 May 2022. Beirut, Lebanon – The black market value of the Lebanese pound has fallen to an all-time low of 35,600 against the US dollar, a drop from 26,800 in the space of just two weeks, and...
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Dec 13, 2021 · The Lebanese pound was trading at 27,000 to the dollar on the black market, hitting a new low in its downward trajectory since October 2019 as the Lebanese economy went into a tailspin.
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Mar 2, 2021 · The Lebanese pound has again fallen to an all-time low on the black market as the economic crisis continues. The exchange rate reached 10,000 Lebanese pounds to the US dollar on the black market at one point Tuesday, Reuters reported. The official exchange rate was around 1,520 pounds to the dollar.