The Lebanese pound rose slightly against the dollar on the black market for the second straight day Wednesday, after reports that Prime Minister-designate Saad Hariri was in Paris for talks with French officials on Lebanon’s government impasse Exchange dealers were selling the greenback for LL8,850 and buying it for LL8,750, compared to LL8,900-8,800 Tuesday. Dealers […] Read more
The Lebanese pound dropped further against the dollar Sunday, trading at LL8,225 on the black market, a day after Prime Minister-designate Mustapha Adib excused himself from the responsibility of forming a new government due to a monthlong deadlock. Black market exchangers were selling the dollar for around LL8,300 and buying it for LL8,150. The dollar […] Read more
