The Lebanese pound continued on the decline.

Once the strongest currency in the Middle East, the pound crashed through the 100 barrier against the dollar, adding fuel to the economic crisis in a country long racked by civil war. The pound closed at a record low of 103 to the dollar, and has now lost more than 82% of its international value since January, 1986, with dealers blaming continued uncertainty over Lebanon's 11-year-old civil war.

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