by Mercy Corps Lebanon | Apr 11, 2023 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: The Central Bank adjusted the Sayrafa exchange rate twice in March, both times in response to rapid Lebanese pound (LBP) depreciation. On March 1, the Central Bank “increased” the Sayrafa exchange rate from LBP 45,400 to LBP 70,000. The Central Bank...
by Mercy Corps Lebanon | Mar 28, 2023 | Research and Resources
Lebanon’s recent past has been turbulent. Since 2019, after years of mismanagement, Lebanon has experienced a steady and significant economic deterioration alongside political turmoil, including the collapse of the country’s financial system as well as the devaluation...
by Mercy Corps Lebanon | Mar 15, 2023 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: The Central Bank established a new official USD exchange rate of LBP 15,000 and raised the Sayrafa rate to LBP 42,000 on February 1. The US dollar (USD)-Lebanese pound (LBP) parallel market exchange rate reached LBP 88,000 in late February before...
by Mercy Corps Lebanon | Mar 9, 2023 | businesses support
The call for agricultural input producers is open! Are you locally producing fertilizers, pesticides, seeds, irrigation tools, or other agricultural inputs that play a crucial role in the vegetables, wheat, and cereals production? Do these inputs have a potential to...
by Mercy Corps Lebanon | Mar 9, 2023 | businesses support
Mercy Corps launches BASATINE, a four-year programme aiming to sustain the capacity of Lebanese agriculture to produce food for the local market, create and maintain jobs, generate social cohesion between host communities and refugees, as well as promote gender...
