| 22 May 2024, Wednesday |

Unprecedented losses for Lebanese pound, and protesters block roads to traffic  

Lebanon is going through an unprecedented economic, living, financial and social crisis, after the Lebanese pound hit a new record trading for 15,000 LBP against the dollar on the black market.

This comes amid a severe financial and banking crisis, and the political parties’ failure in forming an alternative government to Hassan Diab’s government that resigned last August, following the Port of Beirut blast.

At the same time, “inspectors” from the Ministry of Economy and Trade are supervising a number of shops and supermarkets to ensure that shop owners are not manipulating prices of goods, especially subsidized food.

As a result of the losses in the Lebanese pound against dollar, protesters took the street again, and blocked roads to traffic with burning tires in different regions across the country.

Below are the blocked roads:

Within the Tripoli region:

  • Al-Beddawi in front of the Salah al-Din Mosque
  • Al Qubah
  • North railway towards Jabal Mohsen
  • Al-Ayroniyah highway

Within Zahle region:

  • Saadnayel
  • Al-fayda
  • Marietta highway

Within Zgharta region:

  • Alayronieh
  • Minyeh / Araman
  • Marietta
  • Halba Square

Within Beirut:

  • Corniche Al Mazraa
  • Verdun
  • Central Bank, Hamra
  • Al-Rashideen Intersection.

  • Sawt Beirut International