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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Lebanese pound has reached a new record level. This Tuesday it reached the record threshold of 10,000 LL per dollar. The Lebanese pound, which has been in free fall on the black market since the summer of 2019, in the context of a multiple crisis in the country, traded at 10,000 pounds per dollar on Tuesday
.The previous record rate recorded was 9,800 pounds for a greenback on July 2, 2020. The pound traded for nearly a month, from mid-January to mid-February, at a stable rate of just under 9,000 L.L. per dollar, before falling again after
February 18.Recall that the Lebanese currency had been stabilized for more than 20 years at 1507.5 pounds per dollar by the Bank of Lebanon (BDL).
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