The central bank has confirmed the new official rate of 15,000 pounds per dollar, up from little more than 1,500.

The central bank has confirmed the new official rate of 15,000 pounds per dollar, up from little more than 1,500.
Dozens protest in Lebanese capital against the public prosecutor’s attempt to stop a judge from continuing his probe.
Here’s a round-up of Al Jazeera’s Middle East coverage this week.
Landmarks of ancient kingdom of Saba and Rachid Karami International Fair inscribed to list of sites in danger.
Judge Tarek Bitar has faced intense opposition from Lebanon’s establishment since resuming the investigation on Monday.
The prosecutor also ordered the release of all suspects detained in connection with the deadly 2020 Beirut blast.
Several Arab countries outside the Gulf have seen currency devaluation and rising inflation.
UNRWA says facing immense strain, calls for urgent funding to operate in 2023 amid ‘compounding challenges’.
Lebanon’s public prosecutor and head of domestic intelligence agency also charged in connection with deadly 2020 blast.
The probe into the 2020 explosion had been derailed for months by legal challenges as well resistance from factions.
Family members of the victims of the 2020 Beirut port explosion were called in for questioning after recent protests.
Iranian foreign minister says he hopes diplomatic ties with Saudi Arabia can be restored after years of tensions.
With only one of seven suspects in custody, search is under way for the other six to determine their whereabouts.
Lebanon’s Palestinians have been hit hard by the country’s economic collapse. They feel trapped and have few options.