| ($B) | 02-Jan-24 | 26-Dec-24 | 02-Jan-25 | Change over the Period | Y-O-Y % Change | % Change y-t-d |
| M 1 | 5.70 | 1.108 | 1.133 | 0.025 | -80.11% | 2.288% |
| M 2 | 6.72 | 1.393 | 1.423 | 0.030 | -78.82% | 2.142% |
| M 3 | 100.26 | 68.75 | 68.75 | 0.000 | -31.43% | 0.001% |
| M 4 | 101.94 | 68.86 | 68.86 | 0.000 | -32.44% | 0.000% |
BDL’s latest statistics on money supply revealed that Broad Money (M3) increased by LBP 33.87 billion to stand at LBP 6,153,079 billion ($68.75 billion) by the week ending January 2nd, 2025. On an annual basis, M3 decreased by 31.43% year-over-year, while it marginally increased by 0.001% year to date (YTD). Noting that effective February 8th 2024, the official exchange rate has been set at LBP 89,500 per dollar.
In details, M1 expanded by LBP 2,268.25 billion during the week of December 26th to January 2nd 2025, due to an increase in currency in circulation of LBP 1,909.83 billion and in demand deposits of LBP 358.42 billion. It decreased by 80.11% YOY while it increased by 2.29% YTD to record $1.13 billion as exchange rate increased from 15,000 to 89,500 per dollar.
In turn, total deposits (excluding Demand deposits) dropped by LBP 2,234.38 billion ($24.97million), owing to an increase in LBP term and saving deposits by LBP 402.96 billion during the week and a decrease in deposits denominated in foreign currencies by USD 29.47 million compared to the previous week.
As such, the rate of broad money dollarization slightly declined slightly from 97.974% in the week ending December 26th, 2024 to 97.93% in the week ending January 2nd, 2025.
Source: BDL; MoF
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