At 11:15 Beirut time, the Euro was quoted at €/$ 1.1476, the equivalent of €/LBP 1,730.01, depreciating by 0.17% against the US Dollar. The Euro fell against the dollar today amid expectations of positive upcoming data on US non-farm payrolls.
Locally, the Dollar remained unchanged against the Lebanese Pound at the quote of $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514.
Compared to the pool of currencies of Lebanon’s major trading partners, the purchasing power of the Lebanese Pound appreciated as reflected by the NEER, published by BLOMINVEST, which registered a 0.28% uptick to 165.85 points today.
Date: 04 May 2016