At 12:30 Beirut time, the Euro was quoted at €/$ 1.1289, the equivalent of €/LBP 1,701.82, depreciating by 0.05% against the US Dollar. The euro edged lower against the dollar today as all eyes are on the European Central Bank’s rate decision today.
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 0.16% uptick to 166.41 points today.
Date: 21 April 2016