Posted By
Najib
Mar 17, 2021 03:41
The Lira has lost over 90% of its value in the past 18 months and there is no end in sight. However, what's noticeable is that the Lira dropped from 10,000 to 15,000 to the dollar in just one week. What changed in the last week? What are the reasons behind this quick collapse? 1- Measures against currency exchange offices & platforms: The supply & demand is what's making the Lira drop, but it has…
Posted By
Najib
Mar 16, 2021 03:08
It's been few months now that the Lira had been losing 200/300 Lira every week or so of its value, but the Lira's latest plunge has made it lose over 90% of its value in few days time and it just crossed the LL 15,000 mark today. It's hard to describe the key reason behind this recent deterioration as there are many factors involved, but the shortage of dollar tops them all. People and businesses…
Critiques
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A picture of a 1,000,000 LL bill has been circulating online for the past week, however it’s a fake bill that was shared by Al Khanda2 newspaper to reflect on the continuing Lebanese lira downward ...
Critiques
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Zgharta MP Michel Moawad tweeted this morning that the Iranian ambassador has refused to get summoned by Lebanon’s Foreign Minister, following comments made by the Iranian state-tv against Patriarch Rai. Foreign Minister Charbel Wehbe had ...
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Critiques
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