At 11:30 Beirut time, the Euro was quoted to be $/€ 1.0896, down ticking by 0.07% from yesterday’s close.
In general news, United States ADP (Automatic Data Processing), one of largest payroll outsourcing providers in the world, released its latest July figures. In details, 185,000 workers were hired, falling short of 215,000 analysts had expected.
Locally, the Lebanese Pound steadied versus the Dollar at LP/$ 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 remained relatively stable as reflected by the NEER, published by BLOMINVEST, which ticked down by 0.05% to 166.88 today.
| Foreign Exchange Market | Last Price | Previous | Change | Y-t-D |
| $/LBP | 1,506.00 | 1,506.00 | – | |
| €/LBP | 1,642.57 | 1,643.78 | -0.07% | |
| £/LBP | 2,351.25 | 2,351.70 | -0.02% | |
| NEER**** | 166.88 | 166.96 | -0.05% | 13.27% |