Today’s Lebanese Lira/US Dollar Exchange Rate: May 14th, 2022

Today’s Lebanese Lira/US Dollar Exchange Rate: May 14th, 2022

As of Saturday, black market traders in Lebanon are selling the US Dollar for 27,300 LBP and buying it for 27,350 LBP. The current official rate still stands at $1 = 1,500 L.L. and the bank rate at $1 = 8,000 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 Saturday, black market traders in Lebanon are selling the US Dollar for 27,300 LBP and buying it for 27,350 LBP. The current official rate still stands at $1 = 1,500 L.L. and the bank rate at $1 = 8,000 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 […]