The Lebanese Lira Is At Its Lowest Historical Level, US Dollar Exceeds 37,000 LL

The Lebanese pound gained considerable momentum against the U.S. dollar on the black market following the formation of the new government on Friday afternoon.
Hasan Shaaban/Bloomberg

The Lebanese Lira is at its lowest historical level.

Today, Friday, black market traders in Lebanon are buying the US Dollar for 37,000 LL and selling it for 37,700 LL.

The black market dollar soared in the morning trading today, and it recorded 36,500 LL for selling and 36,000 for buying it.

While the average exchange rate yesterday, Thursday evening, was 36,100 LL.

Related: Banque Du Liban Wasted $1.8 Billion Of Lebanon’s Money Trying To Control The Exchange Rate.

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The Lebanese Lira Is At Its Lowest Historical Level, US Dollar Exceeds 37,000 LL

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