Today’s Lebanese Lira/US Dollar Exchange Rate: October 20th, 2021

Today’s Lebanese Lira/US Dollar Exchange Rate: October 20th, 2021

As of Wednesday, black market traders in Lebanon are selling the US Dollar for 20,550 LBP and buying it for 20,600 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 Wednesday, black market traders in Lebanon are selling the US Dollar for 20,550 LBP and buying it for 20,600 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 […]