2 years ago our local currency used to be for every 1 USD = to 1,500 LBP now it’s equal to 92,000 LBP. That’s not all, since by the end of this month the governor of central bank is leaving with no replacement. So the LBP is going to fly🚀
2 years ago our local currency used to be for every 1 USD = to 1,500 LBP now it’s equal to 92,000 LBP. That’s not all, since by the end of this month the governor of central bank is leaving with no replacement. So the LBP is going to fly🚀
What country are we talking about?
Lebanon
Men that is fuck, I hope you get your savings in Bitcoin or dollars.
well my friend it’s a long story. Since all the money are stuck in the banks for 3 years now and that’s why many people here are focusing on Crypto knowing that it’s not allowed in Lebanon
That's crazy.
A great reason for struggling countries to try alternative ways to back their currencies.
there are many ways but the biggest 2 barriers are corruption and stupidity 😁😂
which country is that?
Lebanon, you can check the financial reports. Facing a crises with all what the word means the biggest in our history, yet they are still fighting the new technology