Euro Improved vs the Dollar for the Second Consecutive Session

At 11.30 Beirut time, the Euro was quoted at $/€ 1.1013, the equivalent of €/LBP 1,660.21, appreciating against the US Dollar by 0.05% from Friday’s close.

The Euro continued its bullish drift against the Dollar for the second session running following weaker than expected GDP and housing figures in the U.S.

Locally, the Lebanese Pound steadied versus Dollar at LP/$ 1,5010-1,514 with a mid-price of LP/$ 1,512.

Compared to the pool of currencies of Lebanon’s major trading partners, the purchasing power of the Lebanese Pound declined as reflected by the NEER, published by BLOMINVEST, which ticked down by 0.19% to 167.25 today.

Foreign Exchange MarketLast PricePreviousChangeY-t-D
$/LBP1,512.001,512.00 –



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