2021-02-07 15:06:03 GMT2021-02-07 23:06:03(Beijing Time) Xinhua English
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By Dana Halawi
BEIRUT, Feb. 7 (Xinhua) -- Hana Harb, a Lebanese housewife, now has to be very selective in making her weekly purchase at the supermarket since the unprecedented increase in food prices in the country does not allow her a loose budget.
"I go to the supermarket every week to buy some basic food products to feed my kids at the lowest possible cost as my salary lost its value with the increase in the U.S. dollar price," Harb told Xinhua.
Harb, a mother of three, works as a school teacher with a monthly income of 1.5 million Lebanese pounds, an equivalent of only 175 dollars when calculated at the black market rate of about 8,500 pounds against one dollar, despite the official rate at banks of 1,515.