Balance of Payments Recorded a $125.3M Deficit by October 2016

Lebanon’s Balance of Payments (BoP) a $125.3M deficit during the first 10 months of the year, compared to a deficit of $2.17B by October 2015. As such, BDL’s Net Foreign Assets (NFA) recorded an increase of $3.99B by October, while commercial banks’ NFAs dropped by $4.12B.

In October alone, the BoP registered a $680.2M deficit. In details, BDL’s NFAs witnessed an increase by $51.2M, while that of commercial banks plunged by $731.4M, from the prior month.

Balance of Payments (BoP) Deficit by October (in Millions $)

Balance of Payments Recorded a $125.3M Deficit by October 2016

Source: BDL

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