by Mercy Corps Lebanon | Jun 13, 2023 | LCAT Reports, LCAT Thematic Reports
Introduction: This study, a collaboration between the Mercy Corps Lebanon Crisis Analytics Team (LCAT) and the Danish Refugee Council (DRC), examines the barriers facing vulnerable Lebanese when trying to access assistance, in an effort to develop recommendations for...
by Mercy Corps Lebanon | Jun 8, 2023 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: The Lebanese Pound (LBP) parallel market exchange rate stabilized around LBP 94,500 per 1 US dollar (USD) in May, aided by Central Bank interventions. Commercial banks operated without significant interruption, enabling regular transactions on the...
by Mercy Corps Lebanon | May 5, 2023 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: The Lebanese national government implemented a range of new policies regarding Syrian refugees in Lebanon, in addition to raiding Syrian national’s residences, a portion of whom were deported. An increase in raids and deportations earlier in the month...
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...