Beirut reference rate lowered to 5.75% for dollars – banking association – ZAWYA

Beirut reference rate lowered to 5.75% for dollars – banking association – ZAWYA

Beirut reference rate lowered to 5.75% for dollars - banking association. The statement said this was down from 9.35% for U.S. dollars and 12.45% for Lebanese pounds at the start of the year.. BEIRUT- Lebanon's banking association said on Wednesday that the Beirut Reference Rate (BRR) was reduced to 5.75% for U.S. dollars and to 7.75% for Lebanese pounds..