Today, Thursday, the Lebanese pound recorded an unprecedented collapse, as the rate of one dollar on the (parallel) black market fixed 60,500 pounds.

According to apps that track the dollar exchange rate on the black market, the exchange rate was 57,900 this morning, but the lira continued to depreciate against the dollar, recording its biggest drop at 60,500 pounds to the dollar.

In light of this collapse, the Drug Importers Syndicate has asked all importers and distributors to continue to supply the minimum requirements of the market in the coming period for the benefit of patients until the monetary situation stabilizes again.

Source: RT

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Robin Jackson is the editor-in-chief at 24PalNews. As an editor and author who covers business and finance, Robin shares the latest business news, trends, and insights with his extensive audience.

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