Today, the price of the dollar in Lebanon declined against the pound, in the unofficial “parallel” market.
Where the official exchange rate for the dollar in the last period was 1507.5 pounds per dollar, according to data from the Central Bank of Lebanon.
The adjustment of the official exchange rate for the national currency comes as the International Monetary Fund calls for reforms to release vital aid to the country.
The exchange rate of the dollar against the Lebanese pound on the black market today, Thursday, ranged between 79,000 and 79,500 pounds, compared to 81,500 and 82,000 pounds, yesterday, according to the “lirarate” platform.
The price of the dollar, through an exchange platform against the pound, reached 44,100 Lebanese pounds for one US dollar.
It is noteworthy that Lebanon is experiencing a crisis that the World Bank classified among the 10 most severe global financial crises since the middle of the nineteenth century in October 2019, which began after banks stopped working for a period of 3 weeks, and then refrained from returning depositors’ money withheld since that date, which is approximately equivalent to 100 billion. dollar.