Dollars or pounds? Lebanon’s supermarkets begin pricing goods in dollars – The National

Dollars or pounds? Lebanon’s supermarkets begin pricing goods in dollars – The National

The price tags of imported items on Lebanon's supermarket shelves displayed dollars on Wednesday ― an attempt by the ministry of economy to regulate flagrant price manipulation as the Lebanese pound continues to depreciate rapidly.

The rapid inflation has created chaos and confusion in supermarkets.

The new measure will also force supermarkets to display the rate to the dollar at which goods are priced, a move that in theory will make it easier for customers to know the true value of the goods they are buying.