Lebanon currency drops to new low as financial meltdown deepens
Market dealers said the Lebanese pound was trading at around 15,150 to the dollar, losing around 90% of what it was worth in late 2019, when Lebanon's economic and financial crisis erupted.
Lebanon's President Michel Aoun speaks during a news conference at the presidential palace last month in Baabda, Lebanon. (photo credit: DALATI NOHRA / REUTERS)ByREUTERS