Lebanon adopts ‘dollarization’ as currency, economy crumble
Published on: Sunday 05 March 2023
The Lebanese pound has lost as much as 98% in value since late 2019, and now most restaurants and many stores are demanding to be paid in dollars to bypass whatâs seen as a nearly useless currency
News source: https://abcnews.go.com/Business/wireStory/lebanon-adopts-dollarization-currency-economy-crumble-97649478
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Lebanon struggles to unify exchange rates: Banque Du Liban's efforts fall short of IMF's conditions
