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...
by Mercy Corps Lebanon | Feb 28, 2023 | LCAT Reports, LCAT Thematic Reports
The Ukraine conflict had a significant ripple effect on economies around the world, driving a spike in commodity prices in the months following the invasion and exacerbating existing economic challenges in the wake of the Covid-19 pandemic. The impact of commodity...
by Mercy Corps Lebanon | Feb 15, 2023 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: The Lebanese Pound (LBP) depreciated to a low of LBP 63,500 per USD 1 on January 26. Acute LBP depreciation in the second half of January was accompanied by an increase in LBP money supply and Central Bank-mandated limits on Sayrafa platform...