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Lebanese currency collapsing at record speed

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 ....

Bekaa Valley , Jamal Abdel Nasser , Ashraf Rifi , Mounir Younes , Joe Salloum , Fadi Abu Shakra , Michel Daher , Beshara Al Asmar , Lebanese Pharmacists Syndicate , Labor Union , Central Bank , Pharmacists Syndicate , Ministry Of Energy , Mazraa Corniche , Jamal Abdel Nasser Mosque , World Happiness Report , Arab News , General Labor Union , Al Ahsa , Al Kharj , Khalij Times , Gulf News , Saudi Gazette , King Abdullah , Obs In Saudi , Work In Saudi Arabia ,

Lebanon's 'zombie' banks are broke, but no one wants to admit it

Banks have shut their doors and the central bank is no longer buying dollars, leaving Lebanese in a state of despair and panic ....

Mounir Younes , Nidaa El Watan , Nidaa Al Watan , Mahmoud Ramadan , Bank Du Liban , Lebanese Association Of Banks , Middle East , Lebanese Association ,

Lebanese pound sinks to new low at 40,000 against US Dollar

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 . ....

Mounir Younes , Al Qabas , International Monetary Fund , Central Bank , International Monetary ,