At 15:20 Beirut time, the Euro was quoted at €/$ 1.0902, the equivalent of €/LBP 1,643.48, depreciating against the US Dollar by 0.33%.
The Euro fell against the dollar today, after the European Central Bank extended its quantitative-easing through March 2017.
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 increased as reflected by the NEER, published by BLOMINVEST, which gained 0.52% to 170.29 points today.
