At 12:25 Beirut time, the Euro was quoted at €/$ 1.1257, the equivalent of €/LBP 1,696.99, depreciating by 0.08% against the US Dollar. The dollar remained strong against the euro after a string of ... read more
According to the Association of Banks in Lebanon (ABL), the Lebanese gross public debt reached $71.21B in February 2016, a 2.84% year-on-year (y-o-y) increase. Debt in LBP, accounting for 61.8% of total ... read more
The fate of the Lebanese cement industry is tightly linked to that of construction and real estate. However, construction and real estate activities have been receding since 2010 after the war erupted in ... read more
During the week ending March 10, broad Money M3 grew by LP 203B ($134.66M) to reach LP 186,503B ($123.72B). M3 registered a 5.29% yearly growth and a 0.05% year-to-date downtick. However, M1 regressed by ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of the dollar steadied at $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514. ... read more
The Lebanese Eurobonds improved for the second week running, with the BLOM Bond Index (BBI) adding a mere 0.08% to 103.63 points. Nevertheless, the Lebanese gauge could not outperform the JP Morgan ... read more
The past week marked the third consecutive week of gains for the BLOM Stock Index, the price-weighted index tracking Lebanese stocks listed on the Beirut Stock Exchange (BSE). The BSI added a weekly 1.45% ... read more
The year 2015 proved to be another challenging year for Lebanon. The private and public sectors, for which Lebanese banks are the main financiers, had a tough run. According to the BLOM Lebanon PMI, the ... read more
Kindly find below the link to an interview entitled: Meet Annalisa Fedelino, the International Monetary Fund’s (IMF) Mission Chief for Lebanon. In the interview, also available in English and French, ... read more
The BLOM Stock Index (BSI) ended Monday’s session with a 0.37% upturn to reach 1,156.94 points. The index was boosted by the 2.95% increase in the share price of Bank Audi’s listed shares which closed at ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here