Oil Prices Surge Amid Escalation of Geopolitical Tensions

Oil Prices Surge Amid Escalation of Geopolitical Tensions

 

  20/06/2025 13/06/2025 % Change YTD
Euro / LP 103,068.20 103,390 -0.31% 11.23%
Euro / Dollar 1.1516 1.1552 -0.31% 11.23%
NEER Index 239.17 238.73 0.18% 2.12%

The Nominal Effective Exchange Rate (NEER) of the Lebanese pound rose this week by 0.18% against a basket of 21 influential currencies, including the Euro and British pound, and recorded 239.17 points on June 20th, 2025. The rise of the NEER is attributed to the strength of the USD to which LBP is pegged.

 

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Oil Prices Surge Amid Escalation of Geopolitical Tensions

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