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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 trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.