The Banque du Liban building in Beirut, Lebanon. The Lebanese pound is trading at a significant discount on the parallel market to its official rate of 1,507.5 to the US dollar. AP
The Banque du Liban building in Beirut, Lebanon. The Lebanese pound is trading at a significant discount on the parallel market to its official rate of 1,507.5 to the US dollar. AP

Economy

Lebanon's private sector economy continues to deteriorate in December

The purchasing managers' survey showed conditions continued to worsen last month, but the rate of decline slowed from historic lows

Michael Fahy
Michael Fahy

January 07, 2020