The Euro continued its bearish trend since the start of the week Greek development seems to be holding back the single currency. In details, the Euro depreciated versus the dollar by 0.20% to 1.0858 at 11:30 Beirut time.
Locally, the Lebanese Pound weakened relative to the Dollar from LP/$ 1,503-1,507 with a mid-price of LP/$ 1,505 to LP/$ 1,504-1,508 with a mid-price of LP/$ 1,506.
Compared to the pool of currencies of Lebanon’s major trading partners, the purchasing power of the Lebanese pound strengthened as reflected by the NEER, published by BLOMINVEST, which increased by 0.36% to 166.96 today.
| Foreign Exchange Market | Last Price | Previous | Change | Y-t-D |
| $/LBP | 1,506.00 | 1,505.00 | – | |
| €/LBP | 1,636.84 | 1,640.16 | -0.20% | |
| £/LBP | 2,348.53 | 2,344.77 | 0.16% | |
| NEER**** | 166.96 | 166.36 | 0.36% | 13.33% |