Among the souvenirs he puts up for sale are old Lebanese coins and a series of old banknotes that he carefully puts in special envelopes to entice tourists and collectors to buy them from him.
Ragdo, particularly passionate about the Lebanese pound, has recently been collecting the last local coins and banknotes still in circulation, although devalued. extensive collection of old coins.
Lebanon is experiencing an unprecedented financial crisis, which the World Bank has described as one of the deepest recessions in modern history.
The local currency has lost more than 98% of its value against the US dollar since 2019, when decades of wasteful spending, corruption and mismanagement caused an unprecedented economic collapse.
Read the Latest World News Today on The Eastern Herald.
