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Lebanese pound. None official. The abbreviation LL or ل.ل. is used. The lira or pound[a] is the currency of Lebanon. It was formerly divided into 100 piastres (or qirsh in Arabic) but, because of high inflation during the Lebanese Civil War (1975–1990), subunits were discontinued. The plural of lira is either lirat (ليرات līrāt) or ...
Sri Lankan rupee. The Sri Lankan Rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents (Sinhala: සත, Tamil: சதம்), but cents are rarely seen in circulation due to its low value ...
Bundles of Lebanese pound banknotes, their value now drastically reduced. The Lebanese liquidity crisis is an ongoing financial crisis affecting Lebanon, that became fully apparent in August 2019, and was further exacerbated by the COVID-19 pandemic in Lebanon (which began in February 2020), the 2020 Beirut port explosion and the Russian invasion of Ukraine.
These foreign-currency deposits are the financial assets of the central banks and monetary authorities that are held in different reserve currencies (e.g., the U.S. dollar, the euro, the pound sterling, the Japanese yen, the Indian rupee, and the Swiss franc) and which are used to back its liabilities (e.g., the local currency issued and the ...
t. e. The funding of Hezbollah comes from Lebanese business groups, private persons, businessmen, the Lebanese diaspora involved in African diamond exploration, other Islamic groups and countries, and the taxes paid by the Shia Lebanese. [1] Hezbollah says that the main source of its income comes from its own investment portfolios and donations ...
Lebanon is one of the only seven countries in the world in which the value of the stock market increased in 2008. [48] The Lebanese economy experienced continued resilience, growing 8.5 percent in 2008, 7 percent in 2009 and 8.8% in 2010. However, Lebanon's debt to GDP ratio remained one of the highest in the world.
Bilateral trade in 2016 reached $293.10 million, with Indian exports to Lebanon at $280.09 million, and Indian imports at $13.01 million. [7] During the fiscal year 2021–22, the bilateral trade volume between India and Lebanon reached a noteworthy $345.6 million. This trade dynamic was disproportionately favourable to India, consisting of ...
On 2 March 2021, the Lebanese pound hit a new record against the dollar at L.L.10.000 to one dollar. [534] Some areas in Lebanon have been reported to be experiencing power cuts for more than 12 hours a day because of the delay in the provision of fuel shipments, which has been caused by a shortage of hard currency. [535]