Prices saw dollar in Lebanon A slight decline against the Lebanese pound on the unofficial black market today, Tuesday, January 3, 2023, as early morning trading began, as the US dollar price in Lebanon was recorded in black market transactions, against the Lebanese pound today, Tuesday 3 December 2023, at the level of 42,200 lire for purchases and 41,900 lire for sale.
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The price of the dollar today, Tuesday, in Lebanon
The price of the US dollar in Lebanon in black market transactions, against the Lebanese pound today, Tuesday, December 3, 2023, at the level of 42,200 pounds for buying and 41,900 pounds for selling.
The price of the dollar today in the banking sector
The price of the dollar through an exchange platform against the pound reaches 38,000 Lebanese pounds per dollar, according to the exchange rates of the operations carried out by banks and exchange institutions on the platform.
The price of the dollar today in the Bank of Lebanon
The exchange rate of withdrawals from dollar deposits into Lebanese pounds has reached 8,000 pounds per dollar.
The exchange rate of the euro against the dollar today in Lebanon
The price of the euro in Lebanon in black market transactions, against the Lebanese pound today, Tuesday 1-3-2023, at the level of 1,617.84 Lebanese pounds, while the exchange rate of the euro against the dollar today in Lebanon reached 1 .0704 US Dollars.
The reason for the decline of the Lebanese pound against the dollar
The Lebanese pound has started declining gradually since 2019 against the US dollar, coinciding with an acute liquidity crisis and banks have stopped providing depositors with their dollar money, while the official exchange rate is still pegged at 1507 pounds.
The Lebanese pound lost 90% of its value as the financial crash entered its third year and led to widespread poverty, paralysis of the financial system and a freeze on depositors’ savings in Lebanon’s biggest crisis since the civil war between 1975 and 1990.
The Lebanese economy has been facing major difficulties over the past three years which have put the country’s currency in a critical situation, especially in light of the continuing ambiguity of the political situation.
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The price of the dollar on the black market today, Tuesday January 3rd
How much today.. The price of the dollar at the start of trading today, Tuesday 3 January
Stable so far.. The price of the dollar during half of today’s trading, Monday 2nd January
