{"id":60280,"date":"2020-06-25T00:00:00","date_gmt":"2020-06-25T00:00:00","guid":{"rendered":"https:\/\/www.beirut.com\/60280\/exchange-rate-hits-staggering-7000-ll-on-the-dollar-this-morning"},"modified":"2020-06-25T00:00:00","modified_gmt":"2020-06-25T00:00:00","slug":"exchange-rate-hits-staggering-7000-ll-on-the-dollar-this-morning","status":"publish","type":"post","link":"https:\/\/www.beirut.com\/en\/60280\/exchange-rate-hits-staggering-7000-ll-on-the-dollar-this-morning\/","title":{"rendered":"Exchange Rate Hits Staggering 7,000 LL On The Dollar This Morning"},"content":{"rendered":"As Lebanon&#8217;s currency continues its free fall, a new record low has been achieved. The Lebanese Pound is reportedly selling at 7,000 to the dollar, losing more than 75% of its value.<br \/>  <br \/>    <blockquote class=\"twitter-tweet\"><p lang=\"ar\" dir=\"rtl\"><a href=\"https:\/\/twitter.com\/hashtag\/%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1?src=hash&#038;ref_src=twsrc%5Etfw\">#a>  <a href=\"https:\/\/twitter.com\/hashtag\/Lebanon24?src=hash&#038;ref_src=twsrc%5Etfw\">#Lebanon24<\/a><br> <a href=\"https:\/\/t.co\/36BDdI5bPG\">https:\/\/t.co\/36BDdI5bPG<\/a> via <a href=\"https:\/\/twitter.com\/Lebanon24?ref_src=twsrc%5Etfw\">@Lebanon24<\/a><\/p>\u2014 Lebanon 24 (@Lebanon24) <a href=\"https:\/\/twitter.com\/Lebanon24\/status\/1276020991106392070?ref_src=twsrc%5Etfw\">June 25, 2020<\/a><\/blockquote> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>   <br \/>  <br \/>  <b><i>Editorial Purpose:<\/b> We are sharing this piece of content to keep you in the loop on the latest happenings in the country. <\/i><br \/>  <br \/>  Angry protesters took it to the streets on Wednesday night calling for the government&#8217;s resignation as the country sinks deeper into economic distress.<br \/>  <br \/>    <blockquote class=\"twitter-tweet\"><p lang=\"en\" dir=\"ltr\">Live faceoff <a href=\"https:\/\/twitter.com\/SamerELKhoury11?ref_src=twsrc%5Etfw\">@SamerELKhoury11<\/a> <br><br> <a href=\"https:\/\/twitter.com\/hashtag\/%D9%84%D8%A8%D9%86%D8%A7%D9%86_%D9%8A%D9%86%D8%AA%D9%81%D8%B6?src=hash&#038;ref_src=twsrc%5Etfw\">#<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/%D8%A7%D9%86%D8%A7_%D9%84%D8%A8%D9%86%D8%A7%D9%86%D9%8A?src=hash&#038;ref_src=twsrc%5Etfw\">#<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/%D8%B7%D8%B1%D9%8A%D9%82_%D8%A7%D9%84%D8%A5%D9%86%D9%87%D9%8A%D8%A7%D8%B1?src=hash&#038;ref_src=twsrc%5Etfw\">#<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/%D8%A7%D9%86%D8%A7_%D9%85%D9%88%D8%A7%D8%B7%D9%86?src=hash&#038;ref_src=twsrc%5Etfw\">#<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/%D9%88%D8%B7%D9%86?src=hash&#038;ref_src=twsrc%5Etfw\">#<\/a> <a href=\"https:\/\/t.co\/7vomdp8xiv\">pic.twitter.com\/7vomdp8xiv<\/a><\/p>\u2014 Reem El-Merhebi (@Lamloumz) <a href=\"https:\/\/twitter.com\/Lamloumz\/status\/1276022126160445440?ref_src=twsrc%5Etfw\">June 25, 2020<\/a><\/blockquote> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>   <br \/>  <br \/>  Despite continuous governmental &#8220;efforts&#8221;  to manage the currency crash (including injecting dollars into the market and setting a higher rate for specific transactions), it seems as though chaos still prevailing and the parallel currency market continuing to thrive.<br \/>  <br \/>  When do you think this free fall will end?","protected":false},"excerpt":{"rendered":"<p>As Lebanon&#8217;s currency continues its free fall, a new record low has been achieved.<\/p>\n","protected":false},"author":0,"featured_media":435465,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ai_generated_summary":"","_preview_accessed":0,"footnotes":""},"tags":[],"media-embed-type":[],"class_list":["post-60280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"authorship":[110],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Exchange Rate Hits Staggering 7,000 LL On The Dollar This Morning<\/title>\n<meta name=\"description\" content=\"As Lebanon&#039;s currency continues its free fall, a new record low has been achieved.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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