Close Menu
    Facebook X (Twitter) Instagram
    Saturday, May 24, 2025
    961
    Instagram Facebook LinkedIn TikTok
    • Breaking News
    • Guides
    • Food & Drink
    • Listicles
    • Join the Team
    • Whatsapp
      • 961
      • 961 News
    • AUB Outdoors ☀️
    Advertise with Us Get the App
    961
    Home»News»Lebanon News
    TDS/Mohamad Azakir
    1 Min Read

    Lebanese Pound Exceeds 9,000 LBP, Lowest Point In Over 7 Months

    By Souad LazkaniFebruary 17, 2021
    Facebook WhatsApp Copy Link

    On Wednesday, the Lebanese pound just dropped significantly against the dollar on the black market, reaching its lowest ‘jaw-dropping’ value in 2021.

    The Lebanese pound is trading at 9,150 LBP on the black market, marking the lowest value of the lira since spring last year. At the time of writing, black market exchange dealers were selling the dollar for 9,175 LBP and buying it for 9,125 LBP.

    The exchange rate was fluctuating slightly holding on to the hope that Prime Minister-designate Saad Hariri will be able to form a Cabinet of nonpartisan specialists capable of implementing reforms needed to take Lebanon out of its crises.

    However, differences between himself and President Michel Aoun have been prolonging the formation of a government that had the potential to unlock billions of dollars in aid for Lebanon.

    In addition, French President Emmanuel Macron has postponed sending an envoy to Lebanon out of frustration with Lebanese politicians.

    Moreover, Hariri has flown out of Lebanon once again, further leaving the country in a governmental void. It has been over six months since Lebanon had a government.

    Emmanuel Macron Lebanese Lira Michel Aoun
    Share. Facebook Twitter LinkedIn WhatsApp Reddit Email

    For You

    uae travel ban lebanon 961

    UAE Is Officially Removing The Travel Ban On Lebanon

    Joe Issa El-Khoury 961

    Who is Joe Issa El-Khoury, Lebanon’s New Minister of Industry

    Adel Nassar 961

    Who is Adel Nassar, Lebanon’s New Minister of Justice

    Nizar Hani 961

    Who is Nizar Hani, Lebanon’s New Minister of Agriculture

    Charles Hajj 961

    Who Is Charles Hajj, Lebanon’s New Minister of Telecommunications

    Nora Bayrakdarian 961

    Who is Nora Bayrakdarian, Lebanon’s New Minister of Youth and Sports

    Ampere Cinema Reopens Its Doors In North Lebanon After 28 Years Of Absence

    20 Celebrities You Probably Didn’t Know Had Lebanese Roots

    April 22, 2019
    saint levant aub outdoors 2025 961

    Saint Levant Is Officially Headlining AUB Outdoors 2025!

    May 7, 2025
    aub outdoors 2025

    Here’s Everything You Need To Know About AUB Outdoors This Weekend

    May 21, 2025

    Lebanon’s Shawarma Is Going Viral in The Philippines

    April 21, 2019
    Tamara El-Zein 961

    Who is Tamara El-Zein, Lebanon’s New Minister of Environment

    February 11, 2025
    dew apparel nada koussa miss lebanon 961

    Miss Lebanon Nada Koussa Just Launched A Sportswear Brand

    May 3, 2025

    10+ Day Trips You Can Take In Lebanon That Are 30 Mins, 1 hour, And 2 Hours Away From Beirut!

    June 12, 2017

    20 Typical Lebanese Slang Expressions

    April 21, 2020
    Lebanese boutiques

    25 Boutiques In Lebanon To Find Your Dream Evening Dress This Wedding Season

    June 9, 2024
    961 Logo
    Facebook WhatsApp TikTok Instagram

    Popular Topics

    • Guides
    • Eat & Drink
    • Listicles
    • Lebanon News
    • Diaspora
    • Explained

    961

    • About
    • WhatsApp Channel
    • News WhatsApp Channel
    • Corrections Policy
    • Ownership & Funding

    Services

    • Advertise
    • Careers
    • App Waitlist
    • Contact Us
    • Newsletter
    961™ | All Rights Reserved ©2025
    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Okay