The Lira rate is a factor that defines the trajectory and standard of living of every one of us, our observation has concluded that Sunday’s are usually used by some black market USD to LBP dealers to manipulate the value of the Lira.
When most of the country’s private and public sector are closed, official exchangers and banks are closed, how can the rate increase and decrease with such low activity.
We believe that the rate is artificially increased on Sundays to start on Monday with an upward trend for the USD to LBP.
Therefore, we at Lira Exchange, will not be involved in such activity and will not post any currency updates today Sunday 11-1-2020.
Check back tomorrow Monday, 2 November 2020 for the updated rates.
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