At 15:30 Beirut time, the Euro was quoted at $/€ 1.1351, the equivalent of €/LBP 1,711.16, barely improving against the US Dollar by 0.06% from Tuesday’s close.
With no new updated economic data from Europe and the U.S. very little movement was witnessed on the Euro/Dollar exchange rate.
Locally, the Lebanese Pound steadied versus Dollar at LP/$ 1,509-1,513 with a mid-price of LP/$ 1,511.
Compared to the pool of currencies of Lebanon’s major trading partners, the purchasing power of the Lebanese pound progressed as reflected by the NEER, published by BLOMINVEST, which ticked up by 0.18% to 166.34today.
| Foreign Exchange Market | Last Price | Previous | Change | Y-t-D |
| $/LBP | 1,511.00 | 1,511.00 | – | |
| €/LBP | 1,711.16 | 1,710.11 | 0.06% | |
| £/LBP | 2,327.88 | 2,327.58 | 0.01% | |
| NEER | 166.34 | 166.04 | 0.18% | 12.90% |