The World - News from Feb. 5, 1985
The Lebanese pound, its exchange value buffeted by the country’s continuing security and economic problems, plunged to a record low against the U.S. dollar. It opened the day’s trading at about 13 to the dollar on Lebanese exchanges, and by closing time, it had fallen to a range of 15.15-15.20 to the dollar. Nonetheless, Labor and Education Minister Salim Hoss said, there will no radical changes in “the free enterprise system the country now has.”
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