Over the past 20 years, it was repeatedly argued that the Lebanese fixed exchange rate was overvalued, sometimes by as high as 50%. What is surprising is that the fixed system has held for 22 years, from ... read more
Lebanese Forex Market Demand for the Lebanese Pound steadied over the past week on the Lebanese forex market with the value of the Lebanese Pound trading within the range of $/LP 1,513.75-1,514.25 with a ... read more
Lebanese Forex Market: Demand for the Dollar on the Lebanese forex market increased over the past week as the value of the Lebanese pound against the dollar increased from a mid-price of $/LP 1,513.75 ... read more
Lebanese Forex Market: Demand for the Lebanese Pound on the Lebanese forex market increased this week as the exchange rate went down from last week’s quote of $/LP 1,511.5-1,515.5 with a mid-price of $/LP ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1286, the equivalent of €/LBP 1,701.36, progressing by 0.67% from yesterday’s close. The slump that the Chinese stock market has been experiencing since ... read more
19/09/2014 12/09/2014 %Change YTD Euro / LP 1940.91 1948.14 -0.37% Euro / Dollar 1.2875 1.2923 -0.37% NEER Index** 136.53 136.01 0.38% 5.79% Demand for the dollar steadied over the prior week as ... read more
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