LebaneseLira.org
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LebaneseLira.org is the world's leading reference for the real value of the Lebanese Lira / Lebanese Pound. It is used by the IMF, the Ministry of Finance of Lebanon, the United States Department of Justice, the United Nations, Bloomberg, and others.
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As #Lebanon's economy opens up, the #LebaneseLira crosses 9,000 to 1 #USDollar.
LebaneseLira.org recorded a coordinated attempt at exchange rate manipulation today, with illegitimate sources (involved in previous attempts at exchange rate manipulation) reporting a 500 point jump in 2 hours. Within an hour of LebaneseLira.org issuing its WARNING (https://t.me/LebaneseLira/2512), the same sources reduced their listed rates by 300 points, for an 800 point movement (9%) in less than 4 hours. Beware of speculation and market manipulation. Many websites, apps, WhatsApp & Telegram groups are coordinating regular market manipulations to generate 10-20% monthly returns.

#lebaneselira #exchangerate #currency #usdollar #lbp #lebanesepound #usd #dollar #manipulation #marketmanipulation #lebanon #lebanese
1 year ago, the Ministry of Finance of the Republic of Lebanon (MoF) referenced LebaneseLira.org, alongside Bloomberg, in its Official "Situation Update for Lebanon’s Creditors" Report, dated March 27, 2020.

You can find this document at this link on the Official Ministry of Finance of Lebanon website:
http://www.finance.gov.lb/en-us/Finance/PublicDebt/Info%20for%20Creditors/Investor%20Presentation%2027%20March%202020_Final.pdf

#ministryfinance #mof #lebaneselira #lebanese #lira #currency #exchangerate #lebanesegovernment #lebanon #beirut #report #creditors
March-9-2021-Website-Block.pdf
1 MB
It appears a decision has been taken by the Lebanese Ministry of Telecommunications to block the website LebaneseLira.org in Lebanon.

If the website (LebaneseLira.org) is not accessible, go to our Telegram Channel on the web (https://t.me/s/LebaneseLira) or download Telegram.org and join our Channel @LebaneseLira

We can also be reached on:
- Facebook:
https://facebook.com/LebaneseLira.org
- LinkedIn:
https://linkedin.com/company/LebaneseLira
- Twitter:
https://twitter.com/LiraWatch

#lebaneselira #lebanon #lebanese #website #telegram #facebook #twitter #linkedin #currency #lira #lbp #usdollar #usd #exchangerate
‼️Websites, Apps, and Telegram / WhatsApp groups that have been engaging in Exchange Rate Manipulation (ERM) and Pump-and-Dump (PAD) activity since yesterday afternoon are now claiming to be against ERM with public notices such as the above screenshot. This after they manipulated the Lebanese Lira exchange rate overnight from ~10,500 to over 12,000, a >10% increase (just like last week).

#caution #erm #pad #exchangerate #manipulation #lebanon #lebanese #lebaneselira #lbp #usd #usdollar #dollar #website #app #telegram #whatsapp #lira
In February 2021, the International Monetary Fund (IMF) further confirmed the legitimacy of LebaneseLira.org by referencing it in an Official IMF 45-page Working Paper, "Recognizing Reality: Unification of Official and Parallel Market Exchange Rates" by Simon T. Gray, which is published on the Official IMF Website (imf.org).

Link: https://www.imf.org/en/Publications/WP/Issues/2021/02/06/Recognizing-Reality-Unification-of-Official-and-Parallel-Market-Exchange-Rates-50047

#lebaneselira #imf #workingpaper #simontgray #lebanon #parallelmarket #lebanese #lbp #usd #usdollar #dollar #exchangerate #currency
Over 50% of #Lebanese Citizens in #Lebanon now live on less than 2$ a day.

5x more than 18 months ago (Oct 2019).

#LebaneseLira
#Devaluation #Crisis
The ongoing extreme money market volatility in Lebanon correlates strongly with the Lebanese Parliament approval (on Friday March 12, 2021) of a 246 Million US$ World Bank loan, 80% of which to be disbursed in cash over the next 12 months to 800,000 people - 15% of the population of Lebanon - at a "Preferential Exchange Rate" of 6,240 Lebanese Lira to 1 US Dollar.

"The currency crash will affect recipients of the cash from the World Bank, as the money will be distributed to the 161,257 families — or about 800,000 people — in Lebanese pounds. Each of the families will get 800,000 pounds a month for one year, according to the agreement with the World Bank that calculated the dollar at 6,240 pounds."

https://www.washingtonpost.com/business/lebanese-parliament-approves-world-bank-loan-to-help-poor/2021/03/12/53d2db70-8354-11eb-be22-32d331d87530_story.html

#lebaneselira #moneymarket #volatility #exchangerate #usdollar #usd #lbp #dollar #lira #devaluation #worldbank #loan #lebanon #lebanese #lebaneseparliament #lebanesegovernment #currency #financialcrisis #economiccrisis
Unicef references LebaneseLira.org in its "Comorbidity of Crises in Lebanon" Report, published in November 2020.

Link: https://www.unicef.org/lebanon/media/5681/file

#lebaneselira #unicef #currency #exchangerate #lbp #usd #dollar #usdollar #lira #lebanon #lebanese
This Banque du Liban (Central Bank of Lebanon) document dated Saturday January 30, 2021, foretells the extreme money market volatility that started on Friday March 12, 2021, the day the Lebanese Parliament signed the 246 Million US$ World Bank Loan at a presumed "Preferential Exchange Rate" of 6,240 Lebanese Lira to 1 US Dollar.

#lebaneselira #usdollar #exchangerate #preferential #worldbank #centralbank #lbp #usd #lebanon #lebanese #banqueduliban
Beirut - March 9, 2021: On the same day that the Lebanese Ministry of Telecommunications published an Official Request to block LebaneseLira.org (https://t.me/LebaneseLira/2547), the United Nations' World Food Programme referenced LebaneseLira.org for the value of the unofficial exchange rate in Lebanon.

Link: https://fscluster.org/sites/default/files/documents/lcrp_fsswg_food_security_analysis_wfp_9_march_2021.pdf

#LebaneseLira #Lebanon #Lebanese #MOT #UN #UnitedNations #WFP #WorldFoodProgramme #MinitryOfTelecom #LebaneseGovernment #Lira #LBP #USD #USDollar #Dollar #currency #exchangerate #blackmarket #moneymarket #MMI
‼️BEWARE OF FAKE GROUPS

LebaneseLira.org only runs

@LebaneseLira
@LebaneseLiraChat

on Telegram.

We are not involved or affiliated with any other Telegram / WhatsApp group / channel.

Many Telegram & WhatsApp groups & channels are using our logo and signage to fake legitimacy.

These groups have been involved in Exchange Rate Manipulation (ERM) for months.

After LebaneseLira.org warned about ERM & PAD repeatedly and accurately, these groups & channels have taken to using our logo and signage, or variations thereof, to try to legitimize their ERM and PAD activity.

Some are even adding fake members and subscribers to maintain the same "follower count" of LebaneseLira.org.

Others repeatedly attempt to publicize their fake groups in our channels and groups using fake accounts. (see img)

Always check if the group / channel you are in is @LebaneseLira or @LebaneseLiraChat. All others are fake & scams.

#fakegroups #lebaneselira #lebanon #lebanese #manipulation #exchangerate
تعميم_أساسي_رقم_157_موجه_للمصارف_10_5_2021_2.pdf
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‼️ PUBLIC NOTICE
Money markets have been rattled & paralyzed since Banque du Liban - the Central Bank of Lebanon published Principal Circular 157 on Monday May 10, 2021.
Principal Circular 157 officially legitimizes the float of the Lebanese Lira in banks in Lebanon.
Accordingly, commercial and financial institutions have halted / restricted operations until BDL Principal Circular 157 goes into effect - to cut potential losses from currency volatility.
This has resulted in a critical fuel shortage across Lebanon, alongside a palpable shortage of goods at retailers and wholesalers.
The general sentiment is "hold".

#lebanon #float #currency #peg #lebaneselira #lebanese #usdollar #usd #lbp #circular #bdl #centralbank #banks #devaluation #moneymarkets #financialcrisis
🇱🇧 Lebanon now has 15 Distinct Money Market Indicators!

1- BLACK MARKET
2- SAYRAFA DOLLAR
3- USD CHEQUE to USD
4- USD CHEQUE to LBP
5- LBP CHEQUE to LBP
6-7-8- MONEY TRANSFER FEES
9- CREDIT CARD INTERNATIONAL LIMIT
10- LEBANESE DOLLAR
11- LEBANESE DOLLAR TRANSFER
12- OFFICIAL PREFERENTIAL
13- OFFICIAL GOVERNMENT
14- OFFICIAL SYNDICATE
15- PARALLEL MARKET

See definitions on LebaneseLira.org

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https://GoFundMe.com/Support-LebaneseLira

#lebanon #lebanese #lebaneselira #currency #moneymarket