Search For Keyword.

Search (Lebanon)

Lebanese take to the streets as currency hits a new low

Hundreds of Lebanese poured into the streets to protest the tumbling of the national currency to a new low against the dollar Thursday, blocking roads and highways in several places across the small country that had started slowly opening up after months of coronavirus restrictions. In...

Lebanese pound hits new low despite government efforts

The Lebanese pound sank to a record low on the black market Thursday despite the authorities' attempts to halt the plunge of the crisis-hit country's currency, money changers said. Lebanon is in the grips of its worst economic turmoil in decades, and holding talks with the International...

Lebanese pound slides further despite new pricing system

Lebanon’s battered currency has slid to fresh lows against the U.S. dollar despite a new pricing system which Beirut hopes can curb soaring food prices as it negotiates an IMF deal to climb out of crisis. The Lebanese pound has lost over 60% of its value since October, as dollars...