BEIRUT (AP) — Protesters closed down major roads in parts of Lebanon on Tuesday after the Lebanese pound briefly hit a new low amid a historic economic crisis that seemingly has no end in sight.
* Dwindling reserves stand at $16 billion amid political deadlock BEIRUT, March 16 (Reuters) - Angry protesters used burning tyres to block roads in parts of Beirut on Tuesday as the Lebanese pound ...
BEIRUT (Reuters) - Lebanon's central bank will begin selling unlimited amounts of U.S. dollars in a bid to halt the spiralling devaluation of the Lebanese pound, Governor Riad Salameh said on Tuesday.
A small group of protesters broke into a government ministry building in Beirut early on Friday and removed a photo of the President from one of its main rooms, as the Lebanese pound hit a new low ...
BEIRUT (AP) — Lebanon’s embattled currency hit a new low Tuesday, trading at an unprecedented 100,000 Lebanese pounds to the dollar on the black market as the crisis-hit country’s banks went back on ...
Lebanese Pound (LBP) United Arab Emirates Dirham (AED) 1 LBP to AED = 0.0024 LBP AED on 12/05/2013 Lebanese Pound (LBP) Albanian Lek (ALL) 1 LBP to ALL = 0.0721 LBP ALL on 12/05/2013 Lebanese Pound ...
BEIRUT (AP) — Three years into a crippling financial crisis, Lebanon's Central Bank on Wednesday set a new exchange rate that effectively devalued the country's currency by 90% but did little to ...
Lebanon’s central bank governor said on Thursday “nobody knows” how much more the cost of dollars could rise on the black market as a dire crisis piles pressure on a 22-year-old currency peg. Deep in ...
BEIRUT: Demand for the US dollar remained reasonably low Friday despite the bleak political picture following the failure of members of Parliament to elect a new president, bankers and economists said ...
Lebanon took a step toward a more realistic value for the pound by adopting a unified exchange rate in place of three different rates it had used in recent years. Banque du Liban, the nation’s central ...