The Nominal Effective Exchange Rate (NEER) of the Lebanese pound increased by 1.06% during the week ending March 21, 2025. Globally, the U.S. Dollar strengthened while other major currencies like the Euro, Japanese Yen, and Australian Dollar weakened due to central bank statements. Gold recorded a new record high this week, driven by safe-haven demand amid Middle Eastern conflicts and trade tensions, and oil prices increased following new U.S. sanctions targeting Iran and OPEC+’s output reduction plan.
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