Lebanese pound drops to new low against USD
BEIRUT, March 1 (Xinhua) -- The exchange rate of the Lebanese pound on Wednesday slid to a new historic low of 92,000 pounds to one U.S. dollar.
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BEIRUT, March 1 (Xinhua) -- The exchange rate of the Lebanese pound on Wednesday slid to a new historic low of 92,000 pounds to one U.S. dollar.
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Lebanese pound collapses to record 50,000 per U.S. dollar-
Roundup: Customs rate hike without countermeasures may have huge impact for crisis-hit Lebanon, say experts-
BEIRUT, Jan. 15 (Xinhua) -- Since Lebanon raised the customs exchange rate by tenfold from the long-standing 1,507.5 Lebanese pounds against one U.S. dollar to 15,000 pounds on Dec. 1, 2022, experts have warned of huge repercussions for the nation in the absence of necessary countermeasures.