Lebanese Throng Currency Exchange Shops as Pound Continues to Tank

Crowds rushed to currency exchange shops for a third consecutive day on June 18 to change Lebanese pounds for United States dollars, while the local currency tanks amid ongoing political and economic turmoil.

The pound had lost more than 60 percent of its value since protests began in October, Reuters reported. A US$200 cap was imposed on buyers, local reports said.

The video shows a crowd in front of a currency exchange shop in the Ghobeiry district in Lebanon. Credit: Al-Maoqea (الموقع) via Storyful