| 24 February 2024, Saturday |

9,500 LBP per dollar on the black market… Lebanon’s crisis is slipping out of control!

The Lebanese pound traded on the black market at 9,500 to the dollar.

The exchange rate of the US dollar against the Lebanese pound on the black market maintains its high rate, surpassing 9,000 Lebanese Pounds.

The price of the dollar in the exchange market today, on Tuesday, reached 9,450 pounds/selling and 9,550 pounds/buying.

The Lebanese pound collapsed against the exchange rate of the US dollar in light of the financial and economic crisis that Lebanon is now witnessing and affected the local currency, the lira in Lebanon.

This has led to a rise in commodities and products, with the absence of Foreign Currency cash flow, which led to an increase in the exchange rates of the US dollar, especially on the black market.

  • Sawt Beirut International