According to the Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) registered a deficit of $647.1M by August 2017, compared to a $366.2M surplus recorded in the same period last year. As such, BDL’s Net Foreign Assets (NFAs) registered an uptick of $1.83B, while the NFAs of commercial banks declined by $2.48B by August 2017, compared to a rise of $4.09B in BDL’s NFAs and a drop of $3.72B in commercial banks’ NFAs by August 2016.
In the month of August, the BoP recorded a surplus of $368.3M in 2017, compared to a surplus of $1.79B surplus registered in Aug. 2016.
Total Net Foreign Assets by August (in $M)
Source: BDL