SAWT BEIRUT INTERNATIONAL

| 28 September 2022, Wednesday |

Slight decrease in black-market dollar exchange rate.

The dollar exchange rate on the black market recorded this Sunday morning, 20,900 Lebanese pounds for selling and 21,000 pounds for buying.
While it recorded Saturday evening between 21,000 and 21,050 Lebanese pounds to one dollar.

The Lebanese pound has lost around 90% of its value over the last two years, pushing three-quarters of the population into poverty.

Economists warned of the repercussions of Lebanon’s crisis with the Gulf states on the Lebanese economic reality, pointing out that the productive sectors that were an input for the dollar would be affected, in addition to the closure of Saudi institutions in Lebanon.

    Source:
  • Sawt Beirut International