Today, Sunday morning, black market dollar ranging reached between 18950-19050 Lebanese pounds per US dollar.
Yesterday evening, the price of the dollar recorded a decline on the black market, reaching 18900 Lebanese pounds for sale and 18950 Lebanese pounds for purchase, after recording a price in the afternoon that ranged between 19257 and 19325 Lebanese pounds.
The Lebanese suffer daily from crises, most notably the scarcity of fuel, the loss of medicines and the high prices, as analysts expect the social situation to explode in response to the economic, social and security collapse.
Lebanon is grappling with a severe financial crisis, described by the World Bank as one of the deepest recessions in modern history. The caretaker government raised fuel prices, in a move that comes within the framework of partially lifting fuel subsidies, while the country plunges into a cycle of prolonged economic collapse.