Close Menu
    Facebook X (Twitter) Instagram
    Tuesday, July 15, 2025
    961
    Instagram Facebook LinkedIn TikTok
    • Breaking News
    • Guides
    • Food & Drink
    • Listicles
    • Join the Team
    • Whatsapp
      • 961
      • 961 News
    Advertise with Us Get the App
    961
    Home»News»Lebanon News
    TDS/Mohamad Azakir
    1 Min Read

    Lebanese Pound Rises As Efforts To Form Government Resume

    By Souad LazkaniJanuary 8, 2021
    Facebook WhatsApp Copy Link

    The Lebanese pound or lira is rising slightly against the dollar as government formation talks return to the center of attention.

    On Friday, the pound trades at around 8,575 LBP on the black market with black market traders selling the dollar at 8,600 LBP and buying it at 8,550 LBP.

    The rise comes after a previous drop to the 8,700-8,800 LBP exchange rate earlier this week, which was the highest exchange rate in over a month.

    With Prime Minister-designate Saad Hariri back from a family holiday the government formation talks are expected to pick up from where they left off, before deciding to take time off over Christmas and New Year’s.

    Dalati Nohra

    This includes mediation by Maronite Patriarch Mar Bechara Boutros Al-Rahi to bring Hariri and President Michel Aoun together to settle their differences over Cabinet formation once and for all.

    Lebanon has been without a government for 5 months since PM Hassan Diab resigned after the disastrous Beirut blast. The country’s leaders are yet to achieve anything constructive since the tragedy.

    Neither has an investigation into the blast been successful nor has the creation of a rescue government seen a ray of hope.

    Hassan Diab Lebanese Lira Lebanon Michel Aoun Saad Hariri
    Share. Facebook Twitter LinkedIn WhatsApp Reddit Email

    For You

    lebanon jounieh cyprus by ferry 961

    You’ll Soon Be Able To Travel Between Lebanon & Cyprus By Ferry

    uae travel ban lebanon 961

    UAE Is Officially Removing The Travel Ban On Lebanon

    Lebanese talking-stage

    15 Things Your Lebanese Talking-Stage Will Tell You, And What It Actually Means

    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

    shark tank Lebanon

    Shark Tank Is Officially Coming To Lebanon – Here’s How You Can Get A Chance To Pitch Your Idea

    lebanon jounieh cyprus by ferry 961

    You’ll Soon Be Able To Travel Between Lebanon & Cyprus By Ferry

    June 8, 2025

    20 Celebrities You Probably Didn’t Know Had Lebanese Roots

    April 22, 2019

    Lebanon’s Shawarma Is Going Viral in The Philippines

    April 21, 2019
    whish pay lebanon 961

    You Can Now Use Whish Pay At Shopify Stores

    June 13, 2025
    Lebanese boutiques

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

    June 9, 2024

    20 Typical Lebanese Slang Expressions

    April 21, 2020
    caracalla one thousand and one nights

    Caracalla Just Added More Dates For “One Thousand and One Nights” & You Def Don’t Want To Miss It!

    July 5, 2025

    How Mia Khalifa Became One Of The Most Outspoken Advocates For Lebanon

    August 13, 2020
    lebanese beer brands almaza beirut beer 961

    Lebanese Beer Brands Are Publicly Throwing Shade, And It’s Getting Frothy

    June 7, 2025
    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.