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USDLBP

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    89583.3341$
  • Previous Close
    90021.247$
  • 52 Week Change
    --
  • Day Range
    -437.91$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

USDLBP.FOREX represents the foreign exchange rate between the US dollar (USD) and the Lebanese pound (LBP). It indicates how many Lebanese pounds are needed to purchase one US dollar. This rate is highly volatile and significantly impacted by Lebanon's economic and political instability, often differing greatly from the official pegged rate due to black market trading. Investors and businesses use USDLBP.FOREX to gauge the relative value of the two currencies and manage currency risk associated with transactions involving USD and LBP.
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Factors

Exchange Rate Regime: Pegged exchange rate means government tightly controls the LBP value versus USD.

Political Instability: Political crises trigger panic, driving demand for USD and increasing USDLBP.

Economic Conditions: Lebanon's economic downturn weakens LBP, requiring more LBP per USD.

Central Bank Policy: Banque du Liban interventions manage USD supply, impacting USDLBP directly.

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