Violent protests erupted across Lebanon on Saturday after the country’s currency plummeted to a new record low, amid an economic crisis that poses the biggest threat to its stability since the 1975-1990 civil war.
The Lebanese pound has lost roughly 85 percent of its value in recent months and slid to a record new low on Saturday, falling to 12,500 pounds to the US dollar on the black market, though the official rate remains at roughly 1,500 pounds to the dollar.
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