Euro Lags Behind the Dollar Today

The Euro lost 0.37% against the Dollar today despite that the Greek parliament started to approve legislations for reforms suggested by major European states.

Locally, the Lebanese Pound remained stable versus the Dollar, at LP/$ 1,503-1,507 with a mid-price of LP/$ 1,505. Compared to the pool of currencies of Lebanon’s major trading partners, the purchasing power of the Lebanese pound increased as reflected by the NEER, published by BLOMINVEST, which went up by 0.15% to165.97 today.

Foreign Exchange MarketLast PricePrevious% Change
$/LBP   1,505.00   1,505.000.00%
€/LBP  1,649.21   1,655.39-0.37%
£/LBP  2,331.80  2,338.28-0.28%
NEER**** 165.97   165.720.15%

Source: BLOM FX Department

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