At 15:30 Beirut time, the Euro was quoted at $/€ 1.1328, the equivalent of €/LBP 1,707.70, depreciating against the US Dollar by 0.19% from Friday’s close.
With few economic updates from the U.S. and Europe, the Dollar continued to show positive momentum, for the second session running, partly on the back of the latest weekly U.S. jobless claims figures, which reached their lowest levels since 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 0.12% to 166.23 today.
| Foreign Exchange Market | Last Price | Previous | Change | Y-t-D |
| $/LBP | 1,512.00 | 1,512.00 | – | |
| €/LBP | 1,707.70 | 1,711.01 | -0.19% | |
| £/LBP | 2,333.91 | 2,327.58 | 0.27% | |
| NEER | 166.23 | 166.03 | 0.12% | 12.83% |