Arab Canada News
News
By Omayma othmani
Published: February 28, 2023
The exchange rate of the Lebanese pound against the US dollar touched, on the afternoon of Tuesday, February 28, 2023, 89,000 pounds per one dollar, making the exchange rate rise by 30,000 pounds since the beginning of the current February month.
After the applications that monitor the exchange rate of the dollar in the black market (parallel) recorded this morning 86,600 pounds for selling and 86,200 pounds for buying, the prices became at 2 PM local time 88,700 for selling and 88,200 for buying.
Lebanon has recently been going through financial and political problems.
The Lebanese currency collapsed, which pushed a large sector of the population into the ranks of the poor.
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