Paris Attacks Triggered Down the Euro Today

At 16:30 Beirut time, the Euro was quoted at €/$ 1.0721, the equivalent of €/LBP 1,616.19, depreciating against the US Dollar by 0.49% from Friday’s close.

Terrorist attacks in France on Friday seemed to have held back the Euro vs the Dollar today.

Locally, the Lebanese Pound steadied versus the Dollar at $/LP 1,510.5-1,514.5 with a mid-price of $/LP 1,512.5.

Compared to the pool of currencies of Lebanon’s major trading partners, the purchasing power of the Lebanese Pound strengthened as reflected by the NEER, published by BLOMINVEST, which ticked up by 0.15% to 168.750 today.

Foreign Exchange MarketLast PricePrevious% ChangeY-t-D
$/LBP1,512.501,512.50 –
€/LBP1,616.191,624.18-0.49%
£/LBP2,290.342,296.83-0.28%
 NEER168.75168.500.15%14.54%

 

 

 

 

 

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