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Roundup: Customs rate hike without countermeasures may have huge impact for crisis-hit Lebanon, say experts

BEIRUT, Jan. 15 (Xinhua) Since Lebanon raised the customs exchange rate by tenfold from the long-standing 1,507.5 Lebanese pounds against one U.S. dollar to 15,000 pounds on Dec. 1, 2022, experts have warned of huge repercussions for the nation in the absence of necessary countermeasures. ....

Patrick Mardini , Bilal Alameh , Ayman Omar , International Monetary Fund , University For Business , Lebanese Institute For Market , Ishraq Center , Lebanese Institute , Market Studies , Modern University ,

Lebanese Pound Drops to Historic Low Against US Dollar

Lebanese Pound Drops to Historic Low Against US Dollar
themedialine.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themedialine.org Daily Mail and Mail on Sunday newspapers.

Patrick Mardini , International Monetary Fund , Lebanese Institute For Market , Lebanese Institute ,

Lebanese pound sinks to new historic low

The Lebanese pound sank to a new historic low against the US dollar on the parallel market as the country continues to face an unprecedented financial crisis.The exchange rate of the Lebanese pound on Tuesday declined to 45,000 against the . ....

Patrick Mardini , International Monetary Fund , Lebanese Institute For Market , World Bank , Lebanese Institute , Market Studies ,