Lebanon to devalue currency by 90% on Feb. 1, central bank chief says
Imagine how horrible that would be if you lived in Lebanon!!

https://www.reuters.com/markets/currencies/lebanon-devalue-currency-by-90-feb-1-cbank-chief-says-2023-01-31/
Lebanon to devalue currency by 90% on Feb. 1, central bank chief says Imagine how horrible that would be if you lived in Lebanon!! https://www.reuters.com/markets/currencies/lebanon-devalue-currency-by-90-feb-1-cbank-chief-says-2023-01-31/
Lebanon to devalue currency by 90% on Feb. 1, central bank chief says
Lebanon will adopt a new official exchange rate of 15,000 pounds per U.S. dollar on Feb. 1, central bank governor Riad Salameh said, marking a 90% devaluation from its current official rate that has remained unchanged for 25 years.
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