| 26 May 2024, Sunday |

Black market dollar, a slight decrease

the black market dollar recorded a slight decrease today, Sunday, as it ranged between 25,650 Lebanese pounds for purchase and 25,600 pounds for sale.

The price of the dollar on the black market on Saturday ranged between 25,700 and 25,800 pounds per dollar.

Lebanon is experiencing a violent economic collapse that threatens its stability. The World Bank described the crisis as the deepest in modern history.

Lebanese banks set the price of 3,850 pounds to the dollar when withdrawing the dollar to small depositors, and it is still valid today.

The Syndicate of Money Changers in Lebanon fixed the pricing of the dollar exchange rate with a moving margin between the price of 3,850 pounds for purchase, and 3,900 pounds for sale, as a maximum.

The exchange rate of the dollar in the Central Bank of Lebanon remains at 1507.5 pounds per dollar.