{"id":63759,"date":"2021-12-14T13:10:28","date_gmt":"2021-12-14T13:10:28","guid":{"rendered":"https:\/\/lebanonnewsgazette.com\/?p=63759"},"modified":"2021-12-14T13:10:28","modified_gmt":"2021-12-14T13:10:28","slug":"lebanese-lira-hits-a-record-low-amid-a-worsening-economic-situation","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/lebanese-lira-hits-a-record-low-amid-a-worsening-economic-situation\/","title":{"rendered":"Lebanese lira hits a record low amid a worsening economic situation"},"content":{"rendered":"<div style=\"width: 75px;height: 75px;border-radius: 50%;background: url(https:\/\/nordot-res.cloudinary.com\/c_limit,w_200,h_200,f_auto,q_auto:eco\/ch\/units\/601684660556563553\/profile_1.png);background-position: center;background-size: cover;vertical-align: middle\"><\/div>\n<div style=\"margin-left: 5px;font-size: 14px;font-weight: bold;vertical-align: middle\">Published by <br \/>DPA<\/div>\n<div style=\"margin-top: 10px\"><\/div>\n<p>The Lebanese lira hit a record low against the dollar on the black market on Tuesday amid a worsening economic and political situation in the country. The Lebanese lira was trading at 28,000 against the dollar on the black market for the first time since 2019, when demonstrators took to the streets to protest against a corrupt ruling class. Lebanon is suffering one of the world&#8217;s worst economic crises in more than 150 years, according to the World Bank. The national currency has now lost about 95 per cent of its former value. Analysts expect the lira to fall further in the next few days. Accor&#8230;<!--more--><\/p>\n<p><a class=\"nordot-read-more \" target=\"_blank\" href=\"https:\/\/nordot.app\/843471083691868160?c=819177386184916992\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Published by DPA The Lebanese lira hit a record low against the dollar on the black market on Tuesday amid a worsening economic and political situation in the country. The Lebanese lira was trading at 28,000 against the dollar on the black market for the first time since 2019, when demonstrators took to the streets &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/lebanonnewsgazette.com\/lebanese-lira-hits-a-record-low-amid-a-worsening-economic-situation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lebanese lira hits a record low amid a worsening economic situation&#8221;<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":63761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lebanese lira hits a record low amid a worsening economic situation - Lebanon News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lebanonnewsgazette.com\/lebanese-lira-hits-a-record-low-amid-a-worsening-economic-situation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lebanese lira hits a record low amid a worsening economic situation - Lebanon News Gazette\" \/>\n<meta property=\"og:description\" content=\"Published by DPA The Lebanese lira hit a record low against the dollar on the black market on Tuesday amid a worsening economic and political situation in the country. 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