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The currency unit of Lebanon is the Lebanese Pound (LBP). However, Lebanon is currently experiencing severe economic difficulties. Here are some key points about Lebanon's current economic situation:

Inflation and currency devaluation: Lebanon is facing a severe economic crisis characterized by high inflation and a devaluation of its currency. The Lebanese Pound has experienced a rapid decline in value, leading to significant challenges in daily life due to rising prices.

Financial crisis: Lebanon is grappling with a financial crisis. Issues such as public debt, foreign exchange debt, and instability in the financial system have pushed the banking system to the brink of collapse, and the government is facing a sovereign default due to a lack of funds.

Credit limits and cash withdrawal restrictions: Lebanon has imposed economic constraints such as limiting credit limits and restricting cash withdrawals. As a result, citizens are facing difficulties in accessing cash from banks, and economic uncertainty and insecurity persist.

Unemployment and poverty: The economic crisis has led to a rise in unemployment rates and an increase in poverty levels. Many people are struggling to access basic necessities and experience economic instability, leading to growing social unrest and anger.

Lebanon is currently experiencing severe economic hardship, which is a complex situation resulting from a combination of political, social, and economic factors.

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