Looking at Lebanon’s real estate activity, we infer that the number of real estate transactions in January 2020 added 27.3% totaling 4,668 transactions. However, the upbeat figures only take into account ... read more
MACROECONOMIC OVERVIEW Lebanon was in a state of “economic recession” in 2019. GDP growth dipped into negative territory in the consecutive quarters Q1 and Q2 of 2019. During the period, a political ... read more
Lebanese Forex Market The Lebanese Pound (LP) remained steady within the official range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25 by the week ending March 13th ... read more
BDL’s data on money supply revealed that Broad Money (M3) declined by LBP 110B ($73M) in the week ending February 27th 2020 to settle at LBP 196,934B ($131B), thereby registering an annual decrease of ... read more
Treasury transfers to Electricite du Liban (EDL) slipped by an annual 5.2% (or the equivalent of $72.15M), to stand at $1.31B in the first ten months of 2019 as per the latest data published by the ... read more
The latest data provided by the Lebanese Ministry of Industry (MoI) revealed that the value of total industrial exports fell by 2% year-on-year (YOY) to stand at $2.5B in 2019, compared to an uptick of ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
On March 07th 2020, the Lebanese government announced that its does not intend to pay the $1.2B worth of Eurobonds maturing on March 09th. The official statement emphasized on the country’s dwindling ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
It is time for the long-awaited national decision. The Lebanese government is expected to make a decision by March 07th 2020 by which it will opt to either default on its first batch of Euro bonds maturing ... read more
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