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EXCHANGE RATE

After a year of relative calm, can the Lebanese lira maintain its stability?

A number of experts believe both internal and external factors could cause the national currency to depreciate once again.

After a year of relative calm, can the Lebanese lira maintain its stability?

Two people counting LL100,000 and $100 USD bills. (Credit: APF).

BEIRUT — After four years of economic turmoil and endless roller coasters, the Lebanese lira has finally experienced a year of stability, hovering around LL89,500-to-the-dollar since caretaker central bank governor Wissam Mansouri took office in...
BEIRUT — After four years of economic turmoil and endless roller coasters, the Lebanese lira has finally experienced a year of stability, hovering around LL89,500-to-the-dollar since caretaker central bank governor Wissam Mansouri took office in...