The $76bn figure is an estimate, as the exact figure is unknown. During the crisis, many depositors withdrew their money while the Lebanese lira was plummeting, while some of the country’s wealthiest ...

The collapse of Hezbollah’s dominance has left a power vacuum in Lebanon—and a rare opening to reimagine the state.

US$11 billion. Lebanon’s reconstruction will require not only a huge amount of money, but also a real political commitment ...

Due to what has been described as "the banking sector collapse," the Lebanese lira has plunged to an all-time low at 10,000 per dollar compared to 1500 that had been set by the central bank prior ...

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 ...

Q: What is the Lira worth against the Lebanese Pound? A: One Lira is worth 2361.5142 Lebanese Pounds today Q: Is the Lira going up or down against the Lebanese Pound? A: Today's exchange rate ...

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Fighting has broken out in Lebanon’s shops after the country’s continuing currency collapse sparked store closures. There have been scenes of people rushing into supermarkets to snap up ...

During the crisis, many depositors withdrew their money while the Lebanese lira was plummeting, while some of the country’s wealthiest moved their money abroad. In 2020, the Hassan Diab ...