Lebanese lira hits all-time low as economic crisis deepens
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Lebanon’s currency, the lira, has lost about 95 percent of its value since the start of the country’s economic meltdown in 2019. It is now trading at close to 50,000 to $1. Instead of implementing much-needed reforms, the political elite is accused of creating a confusing exchange rate system that is hurting people who rely on it the most. Al Jazeera’s Zeina Khodr reports from Beirut, Lebanon. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News #Lebanon #Beirut #lira #currency #economy #reforms #politics #crisis