Today’s Lebanese Lira/US Dollar Exchange Rate: June 11th, 2021

Today’s Lebanese Lira/US Dollar Exchange Rate: June 11th, 2021

As of Friday, black market traders in Lebanon are selling the US Dollar for 14,800 LBP and buying it for 14,850 LBP. The current official rate still stands at $1 = 1,500 L.L. and the bank rate at $1 = 3,900 L.L. Lebanon is currently experiencing hyperinflation as a result of an ongoing economic crisis since the end of 2019. The Lebanese lira has been drastically falling against the previously fixed US dollar rate of $1 = 1,500 L.L. This [“¦]

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As of Friday, black market traders in Lebanon are selling the US Dollar for 14,800 LBP and buying it for 14,850 LBP. The current official rate still stands at $1 = 1,500 L.L. and the bank rate at $1 = 3,900 L.L. Lebanon is currently experiencing hyperinflation as a result of an ongoing economic crisis since the end of 2019. The Lebanese lira has been drastically falling against the previously fixed US dollar rate of $1 = 1,500 L.L. This [“¦]