Lira Exchange Lebanese Lira News Dollar Rate Lebanon – 12/4/2021

Dollar Rate Lebanon – 12/4/2021

Monday, April 12, 2021, the Dollar rate Lebanon saw a significant increase in price during the weekend. Today as of 10:00 AM, Beirut Local time, the new price did not update yet.

The typical applications strategy that we have been talking about has become clearer for the past couple of months than ever before.

All the black market applications worked on increasing the USD to LBP on Saturday and Sunday.

Notifications of price increase kept coming until 10:00 PM on Saturday.

Also, Sunday was not better. Notifications of price increase kept coming until late afternoon.

Who is exchanging currency on weekends, especially that most of the businesses and schools are closed?

This is currency manipulation and an artificial rate increase.

On the other hand, the political stalemate and government formation deadlock are still in place.

You can check Friday’s April 9, 2021, Dollar to Lebanese Lira rate here: Lira Rate Black Market.

The USD to LBP parallel market rates for today according to the “Adde Dollar” application are as follows:

Dollar Rate Lebanon Hourly Rates:

-Buy 1 USD = 12,350 LBP at 18:20 PM

-Sell 1 USD = 12,300 LBP at 18:20 PM

-Buy 1 USD = 12,650 LBP at 15:10 PM

-Sell 1 USD = 12,600 LBP at 15:10 PM

-Buy 1 USD = 12,700 LBP at 15:10 PM

-Sell 1 USD = 12,650 LBP at 15:10 PM

-Buy 1 USD = 12,725 LBP at 14:40 PM

-Sell 1 USD = 12,675 LBP at 14:40 PM

-Buy 1 USD = 12,750 LBP at 13:10 PM

-Sell 1 USD = 12,700 LBP at 13:10 PM

-Buy 1 USD = 12,700 LBP at 12:30 PM

-Sell 1 USD = 12,650 LBP at 12:30 PM

-Buy 1 USD = 12,825 LBP at 11:45 AM

-Sell 1 USD = 12,750 LBP at 11:45 AM

-Buy 1 USD = 12,900 LBP at 11:30 AM

-Sell 1 USD = 12,850 LBP at 11:30 AM

-Buy 1 USD = 12,950 LBP at 10:40 AM

-Sell 1 USD = 12,900 LBP at 10:40 AM

-Buy 1 USD = 12,975 LBP at 10:15 AM

-Sell 1 USD = 12,925 LBP at 10:15 AM

Dollar Rate Lebanon

DISCLAIMER: WE DO NOT ENDORSE, SUPPORT, OR ADVERTISE ANY OF THE BLACK MARKET APPLICATIONS MENTIONED ON THIS WEBSITE. OUR PURPOSE IS TO EXPOSE THE TRUTH ABOUT THOSE APPS AND WEBSITES.

Intraday Currency News:

  • The Lebanese lira closing rate Friday night was: Buy 1 USD = 12,725.
  • The opening rate for today is Buy 1 USD = 12,975.
  • The applications should publish who their sources are and the hourly and daily trading volumes upon which the price is updated.
  • First slight price decrease for the Dollar VS Lira at 10:40 AM, by 25 points.
  • At 11:30 AM, the Lira appreciated by 50 points, to reach a total of 75 points since the market opened.
  • Al Jazeera official website published an interesting article and infographic about the prices of basic necessities in Lebanon.
  • Also, at 11:45 AM, the Lira rate gained an additional 75 points.
  • Additional price increase of the Lira by 125 points. While we are very happy with the Lira appreciation, how can the US Dollar rate go up on a Saturday and Sunday and down on Monday?
  • The first Dollar increase since morning accrued at 14:10 PM, by 50 points.
  • Slight Dollar decrease at 14:40 PM, by 25 points.
  • Second slight dollar decrease at 15:10 PM, by 25 points.
  • Huge decrease for the Dollar to Lebanese Lira by 400 points. 

Dan Azzi Explanation of The Currency Manipulation:

Even though Dan Azzi posted the video on October 24, 2020, it is still relevant today more than ever before.

Dan Azzi explains how currency manipulation works and the impact of the applications and websites on the Dollar to Lebanese Lira rate.

 

 

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