Dollar Lira

The Lebanese lira has been drastically falling against the. Turkeys lira dropped to a record low on Monday as a stronger US.

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The Lebanese lira has been drastically falling against the previously.

Dollar lira. The current official rate still stands at 1 1500 LL. Dollar weighed on emerging-market currencies adding to bearish momentum on the lira since the nations central bank. Last week it surpassed nine to the dollar and on Friday it closed at 927.

Five years ago it hovered around three to the dollar. That the Turkish lira could drop an order of magnitude might. As of Saturday black market traders in Lebanon are selling the US Dollar for 16100 LBP and buying it for 16150 LBP.

A decade ago it traded at 183 to the US dollar. And the bank rate at 1 3900 LL. Lebanon is currently experiencing hyperinflation as a result of an ongoing economic crisis since the end of 2019.

The lira Turkeys currency is in free fall. And the bank rate at 1 3900 LL. The current official rate still stands at 1 1500 LL.

As of Tuesday black market traders in Lebanon are selling the US Dollar for 17500 LBP and buying it for 17550 LBP. Lebanon is currently experiencing hyperinflation as a result of an ongoing economic crisis since the end of 2019.

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