At 11:30 Beirut time, the Euro was quoted at $/€ 1.1039, the equivalent of €/LBP 1,664.13 up ticking by 0.15% from Tuesday’s close.
Better than expected housing figures in the U.S, hand in hand with the awaited CPI data, might have an impact on the Euro-Dollar exchange rate
Locally, the Lebanese Pound steadied versus the Dollar at LP/$ 1,503-1,507 with a mid-price of LP/$ 1,505.
Compared to the pool of currencies of Lebanon’s major trading partners, the purchasing power of the Lebanese pound improved as reflected by the NEER, published by BLOMINVEST, which ticked up by 0.20% to 167.19 today.
| Foreign Exchange Market | Last Price | Previous | Change | Y-t-D |
| $/LBP | 1,505.00 | 1,506.00 | – | |
| €/LBP | 1,664.13 | 1,661.57 | 0.15% | |
| £/LBP | 2,360.44 | 2,360.14 | 0.01% | |
| NEER | 167.19 | 166.86 | 0.20% | 13.48% |