| 21 May 2024, Tuesday |

On the verge of a catastrophe, black-market dollar hits a new record this evening

Black-market dollar keeps on soaring up like crazy, as it recorded this evening, Thursday, 18750 Lebanese pounds for sale and 18800 Lebanese pounds for purchase.

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, a while ago, 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.