{"id":228093,"date":"2020-08-17T17:39:24","date_gmt":"2020-08-17T09:39:24","guid":{"rendered":"https:\/\/magicalbits.net\/?p=228093"},"modified":"2020-08-17T17:39:24","modified_gmt":"2020-08-17T09:39:24","slug":"total-collapse-lebanons-currency-crisis-explained","status":"publish","type":"post","link":"https:\/\/magicalbits.net\/?p=228093","title":{"rendered":"Total collapse: Lebanon\u2019s currency crisis explained"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/imagevars.gulfnews.com\/2020\/07\/07\/Lebanon_17328358226_medium.jpg\"><\/p>\n<p>Dubai: Lebanon\u2019s current economic catastrophe is epitomised by one factor more than any other: The free fall of its currency. Since 1997, the Lebanese Central Bank has artificially pegged to the lira was to the US dollar at the rate of $1 = 1,500LP (1,507 to be precise).<\/p>\n<p><a href=\"https:\/\/gulfnews.com\/world\/mena\/total-collapse-lebanons-currency-crisis-explained-1.72966660\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai: Lebanon\u2019s current economic catastrophe is epitomised by one factor more than any other: The free fall of its currency. Since 1997, the Lebanese Central Bank has artificially pegged to the lira was to the US dollar at the rate of $1 = 1,500LP (1,507 to be precise). Read more<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[61,62,54,58],"class_list":["post-228093","post","type-post","status-publish","format-standard","hentry","category-uncategorised","tag-finance","tag-order","tag-pocket","tag-world"],"jetpack_featured_media_url":"","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/magicalbits.net\/index.php?rest_route=\/wp\/v2\/posts\/228093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/magicalbits.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magicalbits.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magicalbits.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/magicalbits.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=228093"}],"version-history":[{"count":1,"href":"https:\/\/magicalbits.net\/index.php?rest_route=\/wp\/v2\/posts\/228093\/revisions"}],"predecessor-version":[{"id":228094,"href":"https:\/\/magicalbits.net\/index.php?rest_route=\/wp\/v2\/posts\/228093\/revisions\/228094"}],"wp:attachment":[{"href":"https:\/\/magicalbits.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=228093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicalbits.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=228093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicalbits.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=228093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}