At 11:30 Beirut time, the Euro was quoted at $/€ 1.1150, up ticking by 0.02% from Thursday’s close.
In fact, agreement with creditors in Greece and fear of lower Chinese currency helped the Euro to stabilize above $1.11 levels.
Locally, the Lebanese Pound steadied versus the Dollar at LP/$ 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 slipped as reflected by the NEER, published by BLOMINVEST, which ticked down by 0.07% to 166.41 today.
| Foreign Exchange Market | Last Price | Previous | Change | Y-t-D |
| $/LBP | 1,506.00 | 1,506.00 | – | |
| €/LBP | 1,680.86 | 1,680.56 | 0.02% | |
| £/LBP | 2,352.15 | 2,352.76 | -0.03% | |
| NEER | 166.41 | 166.53 | -0.07% | 12.96% |