Skip to content

Protestors Close Major Roads as Lebanese Pound Hits New Low

The Lebanese pound lost more than 15% of its value on Tuesday alone, tanking to more than 140,000 pounds to the dollar.

The Lebanese pound lost more than 15% of its value on Tuesday alone, tanking to more than 140,000 pounds to the dollar.

Photographer: Patrick Mouzawak/Bloomberg
Updated on

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

BEIRUT (AP) — Protesters closed down major roads in parts of Lebanon on Tuesday after the Lebanese pound briefly hit a new low amid a historic economic crisis that seemingly has no end in sight.