The Euro remained relatively stable versus the Dollar, as it up ticked by 0.02% in the absence of no major updates from Europe. Locally, the Lebanese Pound depreciated versus the Dollar, from LP/$ ... read more
The Euro dropped by 0.51% versus the Dollar mainly on the back of good core durable goods figures from the US and despite of an improved German IFO (a business climax index) . In the upcoming days the ... read more
The Euro was back on the rebound today as it gained 1.22% versus the Dollar. Some positivity and a rather calm end of last week have put the common currency back on the upbeat, although capital controls ... read more
Demand for the dollar in the Lebanese Forex market declined during the week as the Lebanese pound’s peg against the dollar went from 1,506–1,510 with a mid-price of $/LP 1,508 to $/LP 1,503–1,507 with a ... read more
The Euro lost 0.37% against the Dollar today despite that the Greek parliament started to approve legislations for reforms suggested by major European states. Locally, the Lebanese Pound remained stable ... read more
The Euro gained 0.56% today after Tsipras acquired his parliament’s backing this morning for the second package of reforms required to start talks on a financial rescue deal. Locally, the Lebanese Pound ... read more
Demand for the dollar in the Lebanese Forex market declined during the week as the Lebanese pound’s peg against the dollar went from $/LP 1,507-1,511 with a mid-price of $/LP 1,509 to $/LP 1,506–1,510 with ... read more
Total consolidated assets of commercial banks amounted to $179.03B by May, a 1.90% growth since year start, and an improvement of 6.97% year-on-year (y-o-y). In terms of assets, total reserves, with a ... read more
Demand for the dollar in the Lebanese Forex market strengthened during the week as the Lebanese pound’s peg against the dollar went from $/LP 1,505-1,509 with a mid-price of $/LP 1,507 to $/LP 1,507–1,511 ... read more
Demand for the dollar in the Lebanese Forex market strengthened during the week as the Lebanese pound’s peg against the dollar went from $/LP 1,504–1,508 with a mid-price of $/LP 1,506 to $/LP 1,505–1,509 ... read more
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