🔊 Listen to Post Uncertainty in presidential elections plunge Currency in circulation by 84.12% as BDL’s total assets decline by 12.91% annually Uncertainty in agreeing on the new president election January 9th  has sent more negative vibes on the market …

… floor for the Lebanese Lira” a trader tweeted. Lebanon’s restructured … s strength, as the Lebanese lira is pegged to the … The Long-Term (LT) Local-Currency (LC) and Short-Term … of domestic dollar deposits into Lebanese Lira (Lirification). However, a …

… visited more, I see Lebanon more clearly: Lebanon’s immense hospitality, natural … worried about a nearly worthless lira. And on the way to … fights with Israel. Lebanon is magical. Lebanon is a failed state … by 40 percent and the currency lost 98 percent of its …

… the dollar contrasted against the Lebanese lira on Sunday, as it settled … of the dollar against the Lebanese lira in the parallel market is …

… , 2022), the plunging currency led to triple-digit inflation … and those with fixed, lira-denominated incomes.”  The … targets civilian infrastructure in Lebanon Israel has also targeted … the political situation in Lebanon, with counterproductive results, …

… sharp decline in its foreign currency reserves in October, with … to efforts to stabilize the lira amid escalating war. BDL … prices. During the summer, Lebanon saw a surge in remittances … , further depreciation of the lira, and worsening living conditions …

… kidnappings of foreigners during Lebanon’s civil war decades … the value of the Lebanese lira enabled a middle-class lifestyle … currency. Ruth effectively lost her life savings as the lira … staff. Their departure from Lebanon would impact many beyond …

… . The humanitarian crisis in Lebanon, driven by both economic … dry up dollars in Lebanon. Lebanon’s gold reserves soared … the lira, given the limited availability of local currency that … measures. Without these reforms, Lebanon cannot unlock much-needed …

… throughout Lebanon and foreign currency imports declining against the lira. However … dollar price against the Lebanese lira stabilized, Sunday, to … dollar stabilized against the lira in the parallel market … rate of the lira against the dollar deteriorated …

… . The Lebanese pound (or lira) has lost 95% of its … . The Covid pandemic hit Lebanon’s tourism-dependent economy especially … and higher remittances (from Lebanon’s 15-million-strong diaspora … ’t have access to foreign currency. Meanwhile, on official figures, …