Euro Appreciated Versus the Dollar Today

The Euro slightly recovered today versus the dollar after yesterday’s poor performance, appreciating by 0.16% to 1.0967 at 11:30 Beirut time.

Locally, the Lebanese Pound was unchanged 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 relatively steadied as reflected by the NEER, published by BLOMINVEST, which ticked down by 0.01% to 166.36 today.

Foreign Exchange MarketLast PricePreviousChange Y-t-D
$/LBP1,505.001,505.00
€/LBP1,653.281,650.560.16%
£/LBP2,350.952,349.290.07%
NEER****166.36 166.38-0.01%12.92%

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