Potential Trade Deal Between US and its Trade Partners Strengthens US Dollar
| 09/05/2025 | 02/05/2025 | % Change | YTD | |
| Euro / LP | 100,615.90 | 101,090 | -0.47% | 8.59% |
| Euro / Dollar | 1.1242 | 1.1295 | -0.47% | 8.59% |
| NEER Index | 238.06 | 237.7 | 0.15% | 1.64% |
The Nominal Effective Exchange Rate (NEER) of the Lebanese pound rose this week by 1.64% against a basket of 21 influential currencies, including the Euro and British pound, and recorded 238.06 points on May 9th, 2025. The increase is mainly due to the strength of the US Dollar, to which the Lebanese Pound is pegged.
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Potential Trade Deal Between US and its Trade Partners Strengthens US Dollar
