Trade Tensions Ease Strengthens US Dollar and Weighs on Other Major Currencies
| 01/08/2025 | 25/07/2025 | % Change | YTD | |
| Euro / LP | 102,217.95 | 105,073 | -2.72% | 10.32% |
| Euro / Dollar | 1.1421 | 1.174 | -2.72% | 10.32% |
| NEER Index | 241.19 | 240.52 | 0.28% | 2.98% |
The Nominal Effective Exchange Rate (NEER) of the Lebanese pound surged this week by 2.98% against a basket of 21 influential currencies, including the Euro and British pound, and recorded 241.19 points on August 1st, 2025. The rise of the NEER is attributed to the strengthening of the USD to which LBP is pegged.
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Trade Tensions Ease Strengthens US Dollar and Weighs on Other Major Currencies
