Euro Remains Below 1.10 on Friday

At 11:30 Beirut time, the Euro was quoted at $/€ 1.0927, up ticking by 0.04% from yesterday’s close.

In general news, mixed data from Europe and United States and an awaited NFP (Non-Farm Payroll) are figures to pay attention to.

Locally, the Lebanese Pound depreciated versus the Dollar from LP/$ 1,504-1,508 with a mid-price of LP/$ 1,506 to LP/$ 1,505-1,509 with a mid-price of LP/$ 1,507.

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 0.01% to 166.86 today.

Foreign Exchange MarketLast PricePreviousChange Y-t-D
NEER 166.86166.88-0.01%13.26%

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