At 16:00 Beirut time, the Euro was quoted at €/$ 1.0584, the equivalent of €/LBP 1,595.54, depreciating against the US Dollar by 0.44%.
The Euro fell against the dollar today, as inflation rate for November remained 0.1% in the Euro Zone, below an expected rate of 0.2%.
Locally, the Lebanese Pound steadied versus the Dollar at a quote of $/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 decreased as reflected by the NEER, published by BLOMINVEST, which lost 0.02% to 169.35 points today.
Last Price Previous % Change Y-t-D $/LBP 1,512.50 1,512.50 – €/LBP 1,595.54 1,602.62 -0.44% £/LBP 2,261.25 2,273.31 -0.53% NEER 169.35 169.39 -0.02% 14.95%