According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1.09B in the first quarter of 2020, compared to a deficit of $2.15B in Q1 last year. Accordingly, Net foreign Assets ... read more
The total number of cleared checks in the Lebanese financial system slumped from 2.65M checks in Q1 2019 to 1.85M checks in Q1 this year, as per the data published by the Association of Lebanese Banks’ ... 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
Lebanon’s Purchasing Managers’ Index hit an all-time low, as did the USA’s and most global markets’ PMI. Lebanon’s BLOM PMI expectedly slumped to lows of 30.9 in April 2020 as a result of business closures ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels slipped to an all-time low of 28% by February 2020, down from last year’s registered ... 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
The Association of Lebanese Banks’ (ABL) data showed that the total number of cleared checks in the first two months of 2020 declined by 14.3% year-on-year (YOY) to stand at 1.46M checks as consumers opt ... read more
Like all small economies, Lebanon relies extensively on its external sector. Whereas this outward orientation of the country has its blessings, it makes the country ever more vulnerable to external ... read more
The Lebanese lira registered a sharp depreciation against the US dollar (USD) on Thursday of this week as it traded at highs of LBP 3,800 in the parallel market. The heignthened demand on US bank notes by ... read more
Lebanese Forex Market The Lebanese Pound (LP) remained steady within the official range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25 by the week ending April 24th ... read more
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