The figures released by the Port of Beirut (PoB) showed that the Port’s revenues fell by 14.64% year-on-year (YOY) to stand at $166.5M by October 2019, down from $195.05M in the same time last year. In ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
In its report issued on Dec. 12th 2019, Fitch Ratings explains the mounting financial pressure on Lebanon, such that, “a government debt restructuring or default is probable owing to acute political ... read more
According to Moody’s rating agency, a Baseline Credit Assessment (BCA) of “Ca” instead of Caa2, is consistent with BDL’s recent December 04th Circular which basically instructed banks to pay 50% of the ... read more
Civic protests erupted in the country on October 17th 2019 triggering economic and political unrest. As a result, the latest data by the Ministry of Tourism revealed the number of tourists in the month of ... read more
Lebanon’s BLOM Bond Index (BBI), a market value-weighted index that tracks the performance of the Lebanese government Eurobonds market excluding coupon payment, added a weekly 1.08%, to settle at 51.35 ... read more
The BLOM Stock Index (BSI) lost a weekly 0.4% to stand at 759.73 points in the week ending December 06th 2019. The BSE’s market capitalization remained almost stable at last week’s $7.43B. In turn, the ... read more
Lebanese Forex Market The Lebanese Pound (LP) continues to steady within the range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25 this week. The peg continues to be ... read more
Data by the Lebanese Ministry of Finance (MoF) showed Broad Money (M3) dropped by LBP 595B ($395M) in the week ending November 21st 2019, to reach LBP 205,195B ($136B), thereby recording a yearly downtick ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
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