Lebanon bread price rises for the first time in 10 years

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  • The price of bread in Lebanon has increased for the first time in 10 years, as the collapsing local currency causes food prices to soar.

    The lira has lost more than 80 percent of its value on the black market in the last eight months.

    The drop in value is part of a wider economic crisis in the import-dependent country.

    Al Jazeera’s Zeina Khodr reports from Beirut.

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    In This Story: Lebanon

    Lebanon, officially known as the Lebanese Republic, is a country in the Levant region of Western Asia, and the transcontinental region of the Middle East.

    The official language, Arabic, is the most common language spoken by the citizens of Lebanon. Its capital is Beirut.

    Lebanon was a founding member of the United Nations in 1945 and is a member of the Arab League (1945), the Non-Aligned Movement (1961), Organisation of the Islamic Cooperation (1969), and the Organisation internationale de la francophonie (1973).

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