Published 3 years ago

Protesters shut down roads as Lebanon pound hits all-time low

Summary by WION

Protesters blocked roads with burning tyres and dumpsters across Lebanon on Tuesday after the currency tumbled to a new low in a financial meltdown that has fueled poverty. "We can't bear it anymore...The dollar is going up and they don't care about us. They're still dividing up their gains," Rabih Khaled, who has been unemployed for months, said at one of the protests. Crushed under a mountain of debt, Lebanon is grappling wi

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News18 India

Protestors Shut Down Roads As Lebanese Pound Plummets To New Low

BEIRUT: Protesters blocked roads with burning tyres and dumpsters across Lebanon on Tuesday after the currency tumbled to a new low in a financial meltdown that has fueled poverty.

3 years ago·India

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Associated Press News

Protests in Lebanon as local currency hits record low

BEIRUT (AP) — Protests broke out across the country Tuesday after the Lebanese pound hit a record low against the dollar on the black market, a sign of deepening multiple crises and no prospects...

3 years ago·United States

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IBTimes

Lebanon Pound Plummets To All

The Lebanese pound hit an all-time low against the dollar Tuesday, causing dozens to protest a deepening economic crisis that has thrown more than half of the population into poverty. The pound had been pegged to the dollar at 1,500 since 1997 but the country's worst economic crisis since the 1975-1990 civil war has seen its value plummet. On Tuesday, it was trading at nearly 10,000 pounds to the dollar on the black market, money exchangers told…

3 years ago·United States

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WION

Protesters shut down roads as Lebanon pound hits all

3 years ago·Noida, India

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Today

Protestors shut down roads as Lebanese pound plummets to new low

BEIRUT - Protesters blocked roads with burning tyres and dumpsters across Lebanon on Tuesday after the currency tumbled to a new low in a financial meltdown that has fueled poverty.

3 years ago·Singapore

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