Metals Slide and Oil Surges Amid Escalated Geopolitical Risks

Metals Slide and Oil Surges Amid Escalated Geopolitical Risks

Lebanese Forex Market
 23/10/202616/10/2026% ChangeYTD
Euro / LBP         100,213         100,589-0.37%-4.67%
Euro / Dollar           1.1197           1.1239-0.37%-4.67%
NEER Index           129.06           128.870.15%-42.75%
*prices are as of the time of writing this report

The Nominal Effective Exchange Rate (NEER) of the Lebanese pound rose by 0.15% this week, reaching 129.06 points on October 23rd, 2026, against a basket of 21 influential currencies – including the Euro and British pound.

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