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lebanon financial crisis

Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low

Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time LowAfter relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that Lebanon’s ongoing economic crisis is worsening, the black market exchange rate of the Lebanese […]

Bitcoin Technical Analysis: BTC Flirts With $100K as Market Awaits Directional Clarity

Report: Lebanon Planning to Devalue Currency by 93%, Depositors to Lose $38 Billion

Report: Lebanon Planning to Devalue Currency by 93%, Depositors to Lose  BillionThe Lebanese government is reportedly planning to devalue the local currency by up to 93% in a desperate bid to receive funding from the International Monetary Fund (IMF). As part of the plan, a major portion of foreign currency deposits in the banking system will be converted into local currency at different exchange rates. Bailout […]

Bitcoin Technical Analysis: BTC Flirts With $100K as Market Awaits Directional Clarity