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The lira or pound [a] is the currency of Lebanon.It was formerly divided into 100 piastres (or qirsh in Arabic) but, because of high inflation during the Lebanese Civil War (1975–1990), subunits were discontinued.
During the liquidity crisis, Lebanon received humanitarian and financial assistance from Saudi Arabia, [48] Kuwait, [49] Turkey, [50] the United States, [51] and the European Union. [52] As of 2025, the Lebanese lira has stabilized at roughly 89,000 LBP against the US dollar without being vulnerable to inflation as it was in previous years. [53 ...
During the Lebanese Civil War, the Lebanese pound was severely devalued. [1] After the war, which ended in 1990, the Lebanese government pegged the pound to the United States dollar at an official exchange rate of 1,507 pounds per dollar to stabilize its currency. [2]
Lira is the name of several currency units. It is the current currency of Turkey and also the local name of the currencies of Lebanon and of Syria.It is also the name of several former currencies, including those of Italy, Malta and Israel.
Lebanon Trinidad and Tobago North Macedonia Singapore Bangladesh Algeria Bolivia The Gambia Nigeria Papua New Guinea Suriname Tanzania Tajikistan Guatemala Serbia Azerbaijan Mongolia Sudan Egypt ; Crawling peg (3) Honduras
The Biden administration on Wednesday issued sanctions on a Lebanese network it accused of smuggling oil and liquefied petroleum gas (LPG) to help fund the Lebanese armed group Hezbollah. The ...
Lebanese exports in 2006 External trade (USD, million) [94] [95] Lebanon's trade balance is structurally negative. In 2017, the trade deficit reached $20.3 billion. The country imported $23.1 billion [94] worth of goods and services, and exported $2.8 billion. [95] Lebanon has a competitive and free market regime and a strong laissez-faire ...
Lebanon (alongside the Lebanese pound) Liberia (exclusively used the U.S. dollar during the early PRC period, but the National Bank of Liberia began issuing five dollar coins in 1982; [33]: 3 United States dollar still in common usage alongside the Liberian dollar) North Korea (alongside the euro, North Korean won, and renminbi) [35]