MENA currencies witness shock drops as economic woes worsen ...Kuwait

Currencies in multiple Middle Eastern countries are witnessing massive, unprecedented drops relative to the US dollar as the region continues to reel from worsening economic crises and rising inflation. The Lebanese pound, which has lost 97 percent of its value since the onset of a financial crisis in 2019, has dipped to a record-breaking 61,000 to the US dollar, according to currency converters. On Wednesday, the currency had already plunged to 56,000 liras to the dollar - a 10,000 lira decrease from the previous week. In just one day, that increased by 5,000 liras. The currency’s shock plunge prompted angry Lebanese to protest in the capital Beirut. They blocked key

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