Lebanon’s Currency Has Lost 98% - Can It Be Saved?
Published on: Wednesday 12 November 2025
Once a financial hub of the Middle East, Lebanon now faces one of the worst economic crises in modern history. With a crumbling banking system, an unsustainable currency peg, and government gridlock, the country is struggling to stabilize its economy. A floating exchange rate, fiscal reform, and international assistance may offer a path forward, but political elites remain a major obstacle to change. What will it take to fix Lebanon’s economy?
News source: https://www.msn.com/en-us/money/markets/lebanon-s-economy-how-to-fix-its-currency-crisis/vi-AA1A8TMw