BEIRUT, April 3 (Reuters) - The Lebanese central bank's new foreign currency unit will deal with banknotes at the "market rate" and choose which money exchangers it works with, Central Bank Governor ...

BEIRUT (AP) — Lebanon's currency continued its downward spiral Wednesday, reaching a new low before the dollar and raising such alarm that it prompted a powerful politician to call for a state of ...

The troubled Lebanese currency hit a historic low of 100,000 pounds per one U.S. dollar. ALBAWABA - The troubled Lebanese currency hit a record-low value of 100,000 pounds per one U.S. dollar on the ...

Lebanon's currency crashed past a milestone on Sunday reaching a new low against the dollar, as the country's financial meltdown and political deadlock linger. Market dealers said the Lebanese pound ...

Lebanon is back in the headlines as the conflict in the Middle East intensifies. Before these latest developments, Lebanon had already become a symbol of how quickly a seemingly stable society can ...

Lebanon’s first official devaluation in a quarter century fired up consumer prices in March, with food and beverage inflation exceeding an annual 350 percent as authorities struggle to contain the ...

The Lebanese pound is pegged to the US dollar. Between 1997 and January of this year, the official exchange rate was LBP1,507.5 to $1. However, at the start of this year the Central Bank reset the peg ...