Banks also convinced depositors to convert their U.S. dollars to lira, the Lebanese currency, using articial conversion rates, according to lawyers who called it a "bait and switch." The lira has ...

The Lebanese Minister of Treasury, Foaud Saniora, strongly rejected a possible devaluation of the local currency, reported Al-Hayat . Saniora asserted his refusal of any lira devaluation in the ...

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Q: What is the Lebanese Pound worth against the Lira? A: One Lebanese Pound is worth 0.0004 Lira today Q: Is the Lebanese Pound going up or down against the Lira? A: Today's exchange rate (0.0004 ...

Below is a table showing 365 days of historical exchange rates data for the year of 2022, covering the Turkish Lira (TRY) to Lebanese Pound (LBP) conversion. Converting Turkish Lira (TRY ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

These have seen the Lebanese lira fall against the US dollar and banks impose de facto capital controls limiting customer access to accounts, especially in dollars. A 33% drop in the lira ...