Euro Remains Steady Today

At 11:30 Beirut time, the Euro was quoted at $/€ 1.1100, down ticking by 0.05% from Friday’s close.

In general news, nothing of note was to be seen today in regards to the Euro Zone keeping the single currency’s trend relatively stable.

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 imporved as reflected by the NEER, published by BLOMINVEST, which ticked up by 0.19% to 166.73 today.

Foreign Exchange MarketLast PricePreviousChangeY-t-D
$/LBP1,506.001,506.00
€/LBP1,673.331,674.23-0.05%
£/LBP2,355.622,358.18-0.11%
 NEER166.73166.410.19%13.17%

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