The black market dollar exchange rate continues to decline, as it ranged this Friday morning between 22600 and 22800 Lebanese pounds.

Meanwhile Banque du Liban announced in a statement that “the trading volume on the Sayrafa platform amounted to $50 million on Thursday, at a rate of 22,230 Lebanese pounds per dollar, according to the exchange rates of operations carried out by banks and exchange institutions on the platform.”
It is worth noting that Lebanon’s financial situation exacerbated two years ago, with the World Bank describing it as “one of the worst recessions in modern history.”