At 12:35 Beirut time, the Euro was quoted at €/$ 1.1202, the equivalent of €/LBP 1,688.70, depreciating by 0.50% against the US Dollar. Upcoming movements in the euro-dollar exchange rate will hinge on ... read more
Three out of the four Lebanese Global Depository Receipts (GDRs), listed on the London Stock Exchange were traded on Friday. BLOM GDRs maintained their bullish trend, as they passed the double digit mark ... read more
According to the Association of Lebanese Banks (ABL), gross public debt grew to $70.3B by December 2015, indicating a 5.63% increase on a year-on-year (y-o-y) basis. Public debt denominated in Lebanese ... read more
As part of its Sustainable Energy Finance Program, the International Finance Corporation (IFC), a member of the World Bank Group, with the support of the Government of Canada, extended a $7M loan to the ... 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 Lebanese Pound steadied at $/LP 1,513-1,514 with a mid-price of $/LP ... read more
The BLOM Stock Index (BSI) augmented by 0.17% to reach 1,162.40 points on Friday. In the real estate sector, Solidere shares classes “A” and “B” went up by 0.60% and 0.50% to $10.06 and $10.00, ... read more
Three out of the four Lebanese Global Depository Receipts (GDRs), listed on the London Stock Exchange were traded on Thursday. BLOM GDRs maintained their positive performance, as their price up ticked by ... read more
Demand for Lebanese Eurobonds improved on Thursday, as the BLOM Bond Index (BBI) increased by 0.007% to reach 102.65 points. The yields on the 5Y and 10Y Lebanese Eurobonds didn’t change and thus remained ... read more
At 12:39 Beirut time, the Euro was quoted at €/$ 1.1284, the equivalent of €/LBP 1,701.06, depreciating by 0.33% against the US Dollar. The euro was down today after this morning’s disappointing Q4 2015 ... read more
At 16:05 Beirut time, the Euro was quoted at €/$ 1.1326, the equivalent of €/LBP 1,707.39, appreciating by 0.33% against the US Dollar. The impact of Yellen’s statement on the dollar was short-lived ... read more
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