The demand for the dollar USD cash notes is still on the rise, government formation is still in stagnation. The Lebanese Lira rate for today October 6, 2020, as per different black market apps and websites is the following:
|App / Website||Buy 1 USD||Sell 1 USD|
|USD Market||8700 LBP||8750 LBP|
|Lirarate.com||8750 LBP||8675 LBP|
|Lebaneselira.org||8700 LBP||8900 LBP|
The official Lira rate stands at 1507.5 to 1515.
Banks Lira’s rate is at 3850 LBP with many conditions.
The Lira exchange rate VS the USD jumped an additional 100 points in comparison to yesterday.
The bullish trend is still strong as no solution to the economic, financial, and political stagnation is foreseen in the near future.