Roads blocked in Lebanon as pound falls to record low
Lebanon was in flames Saturday as protesters blocked roads with burning tires for a fifth consecutive day while the local currency plummeted.
Beirut Lebanon Arab World News
Lebanon was in flames Saturday as protesters blocked roads with burning tires for a fifth consecutive day while the local currency plummeted.
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The Lebanese pound tumbled to an unprecedented low against the US dollar on the black market, as people woke up to an exchange rate of LL10,250 to the dollar.
After successful lobbying from trade associations, the caretaker government allowed the premature reopening this week of retail stores, but with Lebanon’s collapsing currency customers are shying away while business owners … Read More
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