At 15:30 Beirut time, the Euro was quoted at $/€ 1.1131, the equivalent of €/LBP 1,678.00, depreciating against the US Dollar by 0.59% from Thursday’s close.
In fact, the Euro slipped versus the Dollar as the “green back” was supported by the awaited data on the U.S. front, regarding Non-Farm Payrolls (NFP) that is expected to be positive.
Locally, the Lebanese Pound steadied versus Dollar at LP/$ 1,509-1,513 with a mid-price of LP/$ 1,511.
Compared to the pool of currencies of Lebanon’s major trading partners, the purchasing power of the Lebanese pound slightly improved as reflected by the NEER, published by BLOMINVEST, which ticked up by 0.02% to 167.40 today.
| Foreign Exchange Market | Last Price | Previous | Change | Y-t-D |
| $/LBP | 1,511.00 | 1,511.00 | – | |
| €/LBP | 1,678.00 | 1,687.95 | -0.59% | |
| £/LBP | 2,289.74 | 2,280.85 | 0.39% | |
| NEER | 167.40 | 167.36 | 0.02% | 13.62% |