30/05/2025 | 23/05/2025 | % Change | YTD | |
Euro / LP | 101,537.75 | 101,702 | -0.16% | 9.58% |
Euro / Dollar | 1.1345 | 1.13633296 | -0.16% | 9.58% |
NEER Index | 238.33 | 238.14 | 0.08% | 1.76% |
The Nominal Effective Exchange Rate (NEER) of the Lebanese pound rose this week by 0.08% against a basket of 21 influential currencies, including the Euro and British pound, and recorded 238.33 points on May 30th, 2025. Since the Lebanese pound is pegged to the USD, USD strengthening led to an increase in NEER.
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President Trump’s Tariffs Decisions Weighing on Forex and Commodities Markets