Business & Economy

Lebanese pound falls to new record level against dollar

The price of the Lebanese pound fell to a new record against the US dollar amid a historic economic collapse in Lebanon’s economy.
The dollar price in Lebanon has exceeded 45 thousand Lebanese pounds (LBP), and today the dollar rate is 45500 Lebanese pounds (LBP) per United States dollar.
Lebanon has been suffering from an economic collapse amid a constitutional vacuum for two months, with Parliament in 8 previous sessions unable to elect a President.

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