At 12:30 Beirut time, the Euro was quoted at €/$ 1.0742, the equivalent of €/LBP 1,619.36, depreciating against the US Dollar by 0.10% from Monday’s close.
In the U.S., strong economic data continued to support the dollar vs the Euro.
Locally, the Lebanese Pound steadied versus the Dollar at $/LP 1,510-1,514 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 remained relatively stable as reflected by the NEER, published by BLOMINVEST, which ticked up by 0.01% to 168.83 today.
| Foreign Exchange Market | Last Price | Previous | Change | Y-t-D |
| $/LBP | 1,512.00 | 1,512.00 | – | |
| €/LBP | 1,619.36 | 1,621.01 | -0.10% | |
| £/LBP | 2,277.08 | 2,278.59 | -0.07% | |
| NEER | 168.83 | 168.82 | 0.01% | 14.59% |