Lebanese protesters shut down roadways with fires as currency collapses


  • World
  • Friday, 12 Jun 2020

Demonstrators set fire during a protest against the collapsing Lebanese pound currency and the price hikes, in Beirut, Lebanon June 11, 2020. REUTERS/Issam Abdallah

BEIRUT (Reuters) - Lebanese cut roadways with burning tyres and rubbish bins across Beirut and other cities on Thursday in renewed protests sparked by a rapid fall in the pound currency and mounting economic hardship.

The pound slid to about 5,000 to the dollar on Thursday and has lost 70% of its value since October, when Lebanon descended into a financial crisis seen as the biggest threat to stability since the 1975-90 civil war.

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