Business & Economy

Lebanese pound at a historic low against the dollar

The Lebanese pound continued its accelerated collapse against the United States dollar, marking its weakest historical price in history.
Today, the exchange rate of the dollar was 52000 Lebanese pounds (LBP), after a week-long stabilization at the barrier of LBP 50000.
Lebanon is suffering from the most severe economic crisis in its recent history and could lead to the country’s complete collapse.

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