By Invitation: Dr Azar is Full Professor, Faculty of Business Administration and Economics, Haigazian University, Beirut, Lebanon. The views expressed in this note are his and do not necessarily reflect ... read more
To a large extent, the financial crisis in Lebanon has revealed the “real” value of the Lebanese lira against the dollar. In retrospect, the 1,500 LBP/USD rate has proven to be an unrealistic peg as this ... read more
The question that everybody keeps on asking is: is there still a way out of the current crisis or are we going to fall into an abyss with an intense deterioration of all economic indicators that may lead ... read more
The measures adopted by the Central Bank of Egypt (CBE) during the previous 3 years to curtail capital flows, were having negative impact on exports, new foreign investments, and even existing ... read more
Lebanese Forex Market: Demand for the Lebanese Pound increased this week as the exchange rate went from 1,510.5-1,514.5 with a mid-price of $/LP 1,512.5 to $/LP 1,510-1,514 with a mid-price of $/LP 1,512. ... read more
At 12:00 Beirut time, the Euro was quoted at €/$ 1.0578, the equivalent of €/LBP 1,594.63, depreciating against the US Dollar by 0.15%. The euro continued its fall against the dollar, ahead of the European ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1331, the equivalent of €/LBP 1,708.15, appreciating against the US Dollar by 0.47% from Thursday’s close. Better than expected jobless claims in the U.S. ... read more
The value of cleared checks decreased by 6.59% during the first two months of the year, revealing lower business spending. In fact, the number of checks cleared by Banque du Liban reached 1.97M worth ... read more
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