The Lebanese pound has lost roughly 85 percent of its value in recent months and slid to a record new low on Saturday, falling to 12,500 pounds to the US dollar on the black market, though the official rate remains at roughly 1,500 pounds to the dollar.
In response, there was a protest near the parliament in Beirut, during which protesters briefly stormed a reinforced gate leading into the compound, only to be repelled by riot police firing tear gas canisters.
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