BEIRUT: The Lebanese pound depreciated at record speed, reaching 143,000 pounds to the US dollar on Tuesday afternoon, after dropping 20,000 pounds in under 24 hours. Hundreds of people took to the streets to protest in Beirut, Tripoli and the Bekaa Valley, blocking roads and burning tires. Several gas stations, supermarkets, and pharmacies suspended their services for the day
The Lebanese pound has sank to a new historic low to the US dollar on the parallel market as the country continues to suffer from a steep financial crisis, state media reported.The exchange rate of the Lebanese pound declined to 40,000 against .