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Upcoming FAFT deadline: Could a potential war between Israel and Hezbollah impact Lebanon's currency stability?
12 Aug 2024 20:49 GMT
… monetary mass in Lebanese lira circulating in the market … speculative attacks on the Lebanese lira, especially since acquiring … easier than acquiring the Lebanese lira.
Given these circumstances, … speculative attacks on the Lebanese lira.
BDL had anticipated …
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Lebanon’s Economic Crisis Puts Strain on Traditional Claymakers
12 Aug 2024 14:22 GMT
… over a century.
Lebanon’s national currency, the lira, rapidly devalued: … although it used to be 1,500 lira … come from outside of Lebanon, in particular from … Abdallah charging around 10,000 Lebanese Lira ($0.11) for …
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Back to school uniform and stationary stretches Lebanese parents’ budgets to the limit
04 Sep 2024 15:48 GMT
… . The sharp devaluation of the Lebanese lira has led to increased import …
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New paying options in US dollar or Lebanese lira: The decision that could save you 'big' on electricity bills
21 Mar 2024 04:36 GMT
… bill in US dollars or Lebanese lira?
Indeed, paying the electricity … when you went to the currency exchange, you lost money … ,000 Lebanese lira. This way, you saved 262,000 Lebanese lira just … Bank of Lebanon to convert its billions from Lebanese lira to …
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Standard and Poors warns of market deterioration risk
03 Sep 2024 13:13 GMT
… currency depreciation, which increased the local currency value of foreign currency … reserves on foreign currency deposits, translating … rating would reflect Lebanon’s post- … Lebanese lira’s value.
While experts agree that relinquishing a national currency …
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The unstoppable dram: analysis of the world’s strongest currency
29 May 2024 18:17 GMT
… become the world’s strongest currency. Pashinyan, a college dropout … 53-percent versus the Turkish lira.
50,000 dram
Armenia … at what has happened in Lebanon. The long-suffering Lebanese people … economic and social problems for Lebanon and her people.
The …
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Lebanon's cost of living soars as dollar replaces local currency
29 May 2024 05:03 GMT
… current level of 89,500 lira to the dollar.
Until … ;
Lebanon was not always this expensive. When the local currency began …
Since 2022, cash-strapped Lebanon has gradually raised taxes, … denominated in the devalued national currency.
“Prices are adjusting. It …
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Before and after: How did Lebanon's economic history shift with the outbreak of the civil war
24 May 2024 02:24 GMT
… engagement while using their national currency.
Furthermore, Lebanon owed debts to the … strengthen the Lebanese lira and increase its demand.
During those times, Lebanon… their willingness to borrow from Lebanon in Lebanese lira (October 28, 1972). This …
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Lebanon considers dollar payments for electricity amid ongoing challenges
15 May 2024 21:00 GMT
… remains a pressing issue for Lebanon's finances.
The … 's account, albeit in Lebanese lira. There is a dispute over … dollars due to the limited currency availability from the BDL.
… collected fees, which remain in lira.
The question remains whether …
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Foreign Courts Take the Lead in Defending Lebanon Depositors
23 Apr 2024 12:55 GMT
… without targeting New Jersey.
Lebanon depositors have resorted to … conversion of funds into Lebanese lira amidst the system’s … including restrictions on transfers outside Lebanon, he underlined.
The Lebanese … the shortage in foreign currency reserves as at 31 …