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Lebanese Pound Stabilized After PM’s Resignation


November, 06 2017
watermark Economic news

The central bank of Lebanon has assured that the Lebanese pound has been steadfast, according to the state-run National News Agency even after the unexpected resignation of the country’s prime minister Saad al-Hariri

The central bank along with the financial sector has executed financial operations in the assessment of Governor Riad Salameh. The Lebanese currency is set at an approximated value of 1,500 against the dollar.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.