At 11:15 Beirut time, the Euro was quoted at €/$ 1.1195, the equivalent of €/LBP 1,686.89, depreciating by 0.47% against the US Dollar. The euro dropped against the dollar today mainly due to the terrorist attacks on Brussels airport and metro station this morning.
Locally, the Dollar remained unchanged against the Lebanese Pound at the quote of $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514.
Compared to the pool of currencies of Lebanon’s major trading partners, the purchasing power of the Lebanese Pound appreciated as reflected by the NEER, published by BLOMINVEST, which registered a 0.12% increase to 167.26 points today.
Date: 22 March 2016