At 11:30 Beirut time, the Euro was quoted at $/€ 1.1359, the equivalent of €/LBP 1,712.37, depreciating against the US Dollar by 0.22% from Thursday’s close.
The Dollar progressed vs the Euro, as the latest weekly U.S. jobless claims figures was mainly behind the dollar gaining momentum as they reached their lowest levels since December 1973.
Compared to the pool of currencies of Lebanon’s major trading partners, the purchasing power of the Lebanese pound improved as reflected by the NEER, published by BLOMINVEST, which ticked up by 0.14% to 166.03
| Foreign Exchange Market | Last Price | Previous | Change | Y-t-D |
| $/LBP | 1,512.00 | 1,512.00 | – | |
| €/LBP | 1,712.37 | 1,716.14 | -0.22% | |
| £/LBP | 2,330.29 | 2,330.60 | -0.01% | |
| NEER | 166.03 | 165.80 | 0.14% | 12.69% |