Balance of Payments Registered a Deficit of $189.9M by Q3 2017

Lebanon’s Balance of Payments (BoP) registered a $457.2M surplus in September 2017 and a $189.9M deficit during the first 9 months of the year, compared to a surplus of $554.9M by September 2016. As such, BDL’s Net Foreign Assets (NFA) recorded an increase of $2.96B by September this year and that of commercial banks dropped by $3.14B, by Q3 2017.

In September alone, BDL’s NFAs witnessed a rise by $1.12B and that of commercial banks dropped by $665.6M, from the prior month.

Balance of Payments (BoP) by September (in Millions $)

Balance of Payments Registered a Deficit of $189.9M by Q3 2017

Source: BDL

 

Leave a Reply

Your email address will not be published. Required fields are marked *