Lebanese citizens are plunged into more economic distress as the supermarkets started on Wednesday to display the products’ prices in US Dollar, with the exchange rate of the Lebanese Pound against USD dramatically nearing 90,000. Shops and supermarkets across Lebanon started to display the rate-to-the-dollar at which goods are priced. ...
Lebanon markets face uncertainty on Friday as the Lebanese lira (pound) continued its hysteric plunge against the US dollar. Currency exchange dealers reported that the dollar was trading on the parallel market at 63,900 Lebanese liras to buy and 63,500 Lebanese liras to sell on Friday morning. Exchange dealer reported ...