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The Bank of Lebanon

The Bank of Lebanon latest

Lebanon: USD Exchange Rate Reaches Record High
April 19th, 2020 - 09:00 GMT

Lebanon: USD Exchange Rate Reaches Record High

The exchange rate of the dollar for money exchanges in Lebanon reached a new record on Saturday. Money exchangers sold the dollar for 3,250 Lebanese pounds. Lebanon has never seen that price, even during its civil war in the 1980s. The official price of the dollar in banks remains 1,507 pounds. Last October, the country witnessed an economic and financial crisis that worsened with the spread of COVID-19 in the ...
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