The Euro Fell Against the Dollar Today

At 12:20 Beirut time, the Euro was quoted at €/$ 1.1412, the equivalent of €/LBP 1,720.36, depreciating by 0.11% against the US Dollar. The euro went down against the dollar today partly due to Greece discussing with its creditors the changes that could be made in the future to materialize viable debt repayment conditions.

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 depreciated as reflected by the NEER, published by BLOMINVEST, which registered a 0.09% downtick to 166.34 points today.

The Euro Fell Against the Dollar Today

Date: 12 May 2016

 

 

 

 

 

 

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