Balance of Payments Registered a Deficit of $1.08B by October 2017

Lebanon’s Balance of Payments (BoP) registered a $887.8M deficit in October 2017 and a $1.08B deficit during the first 10 months of the year, compared to a deficit of $125.3M by October 2016.

By October 2017, BDL’s Net Foreign Assets (NFA) recorded an increase of $2.50B this year and that of commercial banks dropped by $3.57B, compared to the same period.

In October alone, BDL and commercial banks’ NFAs witnessed respective monthly drops of $459.9M and $427.9M.

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

Balance of Payments Registered a Deficit of $1.08B by October 2017Source: BDL

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