Lira Exchange Rate Today – 2/4/2021

After a super volatile day for the currency yesterday, the Lira exchange rate today should be somewhat stable. Easter holidays started today until Monday, April 5, 2021.

A nationwide lockdown is in place until Monday; this avoids social gatherings during the Easter Holidays.

Yesterday, the Dollar to Lebanese Lira rate lost around 800 points until noon, only to recover all the points by 18:00.

You can check the rates of April 1, 2021, here: Dollar Rate Today In Black Market – 1/4/2021

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

The USD To LBP Hourly Rates:

-Buy 1 USD = 11,625 LBP at 19:00 PM

-Sell 1 USD = 11,575 LBP at 19:00 PM

-Buy 1 USD = 11,600 LBP at 18:00 PM

-Sell 1 USD = 11,500 LBP at 18:00 PM

-Buy 1 USD = 11,600 LBP at 14:25 PM

-Sell 1 USD = 11,500 LBP at 14:25 PM

-Buy 1 USD = 11,575 LBP at 14:10 PM

-Sell 1 USD = 11,475 LBP at 14:10 PM

-Buy 1 USD = 11,550 LBP at 13:00 PM

-Sell 1 USD = 11,450 LBP at 13:00 PM

-Buy 1 USD = 11,550 LBP at 11:05 AM

-Sell 1 USD = 11,450 LBP at 11:05 AM

-Buy 1 USD = 11,600 LBP at 10:45 AM

-Sell 1 USD = 11,500 LBP at 10:45 AM

Lira Exchange Rate Today

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:

  • After a highly volatile day for the Lira yesterday, we do not expect the same for today.
  • At 10:45 AM, Beirut time, the USD to LBP black market application “Adde Dollar” shows a drop of 100 points for the Dollar.
  • The USD depreciated by 50 points at 11:05 AM.
  • The rate is still stable for now at 13:00 PM.
  • A very slight Dollar appreciation by 25 points occurred at 14:10 PM.
  • Another very slight increase for the USD by 25 points at 14:25 PM.
  • Stable USD To LBP rate, 1 Dollar is equal to 11,600 LBP at 18:00 PM.
  • A slight appreciation for the Dollar by 25 points at 19:00 PM.

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In The News:

A recent article by DW titled: “Will Lebanese banks crash Middle East finances?” shed some light on the impact of our banking system crash effects on surrounding countries.

While Lebanon has always been the financial hub for the region, many middle eastern countries suffer from billions of Dollars stuck in Lebanese banks.

The article mentions Bashar Assad justifying his country’s economic downfall by blaming the Lebanese banking system for $42 billion stuck with them.

Moreover, the Yemeni Sanna Center For Strategic Studies suggests that 20% of Yemeni foreign currency reserves, $240 million, are stuck in Lebanon.

Also, Kurdistan politicians claim up to $1 billion of oil sales money are trapped with Bankmed.

On the other hand, one can not ignore the immensity of the impact on the Lebanese impacts who deposited their life savings in Lebanese banks.

Spread all over the globe, from Australia, USA, Canada, Saudi Arabia, UAE, Kuwait, Qatar, France, Brazil, Germany, Africa, and much more, the Lebanese diaspora suffered from huge losses in Lebanese banks.

 

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