In a hanging reflection of Lebanon’s shifting financial panorama, the Banque du Liban (BDL) has unveiled its new LL100,000 invoice, remarkably comparable in measurement to the modest LL1,000 be aware.
This similarity isn’t just a visible curiosity; it mirrors the profound adjustments within the nation’s foreign money worth.
As soon as, the LL100,000 invoice represented a considerable quantity, value about $66, whereas the LL1,000 lingered across the $0.60 mark. At this time, nevertheless, the image is drastically completely different.
Inflation has reshaped the worth of the Lebanese lira, lowering the LL100,000 to simply barely over a greenback, whereas the LL1,000 has turn into nearly negligible in its value.
This new be aware, smaller than its predecessors and carefully matching the LL1,000 in colour, is a tangible image of those financial shifts.
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