Protests are ongoing in Lebanon against the country’s deteriorating economic crisis.
People took to the streets in the northern city of Tripoli on Saturday to protest the continued depreciation of the Lebanese pound. The currency was valued at its official rate of around 1,500 pounds to the US dollar for decades, but there are now multiple exchange rates being used in the country. The unofficial rate on the black market is approximately 17,000 pounds to the dollar or lower at present, reflecting a massive drop in value.
