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Lebanon: Week of protests and unrest as currency falls to record low

Published date: 10 March 2021 15:56 UTC | Last update: 3 weeks 1 day ago Protests have swept Lebanon over the past week after the local currency fell to a historic low, adding to the woes of a country already in the midst of a catastrophic economic and political crisis. On Wednesday, the Lebanese lira dropped to a near record-breaking 10,750LL to the US dollar, effectively losing about 85 percent of its value since October 2019. “People don’t have any more money,” 24-year-old Beirut protester Layal Seblani told Middle East Eye. “It’s a lot of things that have accumulated over time, and then the lira hit 10,000LL [to the dollar].”

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