-- The Lebanese pound - USD exchange rate is LL3400-3600 today.
It hit LL3000 just 9 days ago.
It hit LL3000 just 9 days ago.
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-- Large crowds outside money transfer services in Lebanon today because it’s the last day they will allow withdrawals in USD.
Many, like this main branch of western union, have chosen to close.
This new decree by the central bank is illegal and aims to profit the central bank with the dollar bills and provide people with exchange rates 1/3 less than the market price.
Many, like this main branch of western union, have chosen to close.
This new decree by the central bank is illegal and aims to profit the central bank with the dollar bills and provide people with exchange rates 1/3 less than the market price.
-- Lebanon reported today 6 new cases of COVID-19 and 20 full recoveries.
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-- Future Tv employees protested today demanding the channel's owner, Saad Al Hariri, pay them their months / years due salaries.
security forces didn't allow them to reach his house.
security forces didn't allow them to reach his house.
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-- A large anti central bank protest is taking place now infornt of the central bank in Hamra.
The people are fed up with the incompetence of the American stooge.
The people are fed up with the incompetence of the American stooge.
-- The Lebanese army fired bullets in the air to disperse the protests in Taalbaya.
-- As we all know Lebanon is a failed state whose corrupt are red lines to the elder of each religious sect. Like PM Foad Al Sanoira who the Sunni Mufti said was a red line when corruption cases were brought against him, the same happened tonight with the Maronite Patriarch who said the Central bank Governor Riad Salameh is a red line.
-- A couple hundred of protesters destroyed the internal security checkpoint in Al Marj.
There anger should be elsewhere.
There anger should be elsewhere.
-- After the Lebanese Pound's rapid deprecation today, syndicate of exchange shops calls on shops to close till Monday in protest.
They say politicians/regulators/etc should step in to restore calm & warn the pound would depreciate tomorrow if markets open.
They say politicians/regulators/etc should step in to restore calm & warn the pound would depreciate tomorrow if markets open.
-- Images from the attack on Internal security's checkpoint in Al Fayda.
Forwarded from COVID-19 Up
🇱🇧 Lebanon announced 8 new cases, raising the countries total to 696 cases. @COVID19Up