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Lebanese supermarkets price goods in dollars as local currency tanks

2023-03-03 00:00

Supermarkets in Lebanon have started pricing items in US dollars instead of the unstable local currency, after a government announcement allowing the practice in a country heavily reliant on imports. The local currency, now officially pegged at 15,000 to the greenback, was trading Wednesday at almost 90,000 to the dollar, compared to 60,000 in late January.

Sources say that a

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