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. ...
The Lebanese Lira’s value continues to plummet relentlessly against the US dollar, exacerbating the country’s economic crisis and plunging many Lebanese citizens into deep financial distress. The Lebanese Lira dropped to a record low, trading at 73,500 LBP per USD on the black market by Tuesday afternoon, exchange dealers reported. ...
