VIDEO : Watch: protests in Beirut over Lebanon’s currency slump


Up to date: 26/01/2023 – 00:57

Indignant protesters hurled rocks and set tyres alight in entrance of Lebanon’s Central Financial institution in Beirut on Tuesday, denouncing the slide of the nation’s forex, which started in 2019.
Indignant protesters hurled rocks and set tyres alight in entrance of Lebanon’s Central Financial institution in Beirut on Tuesday, denouncing the slide of the nation’s forex, which started in 2019.The worth of the pound hit a brand new low, buying and selling at 50,000 to the US greenback, because the nation’s deeply divided Parliament did not elect a president for the eleventh time.Protesters have been calling for reforms within the nation’s monetary sector, however the authorities and divided parliament have stalled implementing modifications after reaching an settlement final 12 months.Lebanon’s forex, as soon as valued at 1,500 for 1 US greenback, has misplaced over 90% of its worth.