June Crisis Update

June Crisis Update

Key Takeaways: The Lebanese pound (LBP) parallel market exchange rate has been largely stable for three consecutive months and averaged LBP 93,500 per 1 US dollar (USD) in June. Daily average Sayrafa transactions increased in June compared to May, a key driver of LBP...
May Crisis Update

May Crisis Update

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...
April Crisis Update

April Crisis Update

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...