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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.


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Category
World
Tags
Al Jazeera, Al Jazeera English, Al Jazeera live
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