Post written by @RosalieBerthier The official fixed rate of the Lebanese pound against the dollar is central to the country’s crumbling social compact. It is one aspect of the system most people would prefer to keep, although it feeds into everything they are eager to get rid of. Nominally, the rate remains unchanged at 1507,5Continue reading “On the LBP Currency, the peg against the USD and the effect on our economy”
Category Archives: Currency
On Lebanese banknotes and the latest release
Post originally written by @masss11 on twitter بما ان الكل شوي مشغول بالو بهالأيام ماليا فحبيت اشرح قليلا عن تسلسل إصدارات النقد اللبناني بدون ما ارجع اكتر من ١٠ سنين لورا. الشرح ممكن يساعد نفهم نوع الورطة اللي نحن فيها (اذا عنجد في ورطة و شوي نتنبأ باللي جاي. وخلينا تبلش بال 20000 لبنان اسمياContinue reading “On Lebanese banknotes and the latest release”
الأزمة الاقتصادية في لبنان
Dan Azzi speaks (in Arabic) to Al Mayadeen about the economic crisis in Lebanon. You can watch the full video here.
What is a lollar?
You’ve probably heard some people say lollar in the past few weeks. What is a lollar? A lollar is a term that has been coined by Dan Azzi on December 14. It has even been added to the urban dictionary. You can find the definition here. So next time you write lol… it’s not reallyContinue reading “What is a lollar?”
