The Lebanese Lira Is Falling Against The Dollar
- Date: 07-May-2021
- Source: The961
- Sector:Financial Markets
- Country:Lebanon
The Lebanese Lira Is Falling Against The Dollar
In the midst of French Foreign Minister Jean-Yves Le Drian‘s visit in Lebanon, the Lebanese lira tumbled against the U.S. dollar. On Friday, black market traders were selling the dollar for 12,625 LBP and buying it for 12,575 LBP. On Thursday, Le Drian came bearing a message of “great firmness†for the officials, specifically those obstructing the government formation, who could be subjected to travel restrictions and possible sanctions. However, as some protesters pointed out, France is engaged in negotiations […]
The post The Lebanese Lira Is Falling Against The Dollar appeared first on The961.
In the midst of French Foreign Minister Jean-Yves Le Drian‘s visit in Lebanon, the Lebanese lira tumbled against the U.S. dollar. On Friday, black market traders were selling the dollar for 12,625 LBP and buying it for 12,575 LBP. On Thursday, Le Drian came bearing a message of “great firmness†for the officials, specifically those obstructing the government formation, who could be subjected to travel restrictions and possible sanctions. However, as some protesters pointed out, France is engaged in negotiations […]
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