Due to multiple factors, Lebanon has been plunged into its most severe economic crisis since the fall of 2019.
The ongoing economic crisis has had a serious negative impact on the lives of local residents.
Prior to the fall of 2019, 100,000 Lebanese pounds were approximately equivalent to 66 US dollars, or 460 RMB.
Currently, it is worth only about 1 US dollar, or less than 7 RMB. This means that in three and a half years, the currency has depreciated by 98%.