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 June 2019, Moody’s affirmed Lebanon’s government bond rating at “Caa1 Stable”. The “stable “outlook reflects a possibility that a government default is avoided if the latter implements significant ... read more
According to Kafalat, the number of loan guarantees dropped from 179 guarantees by May 2018 to 37 loans by May 2019. The overall value of the guarantees also plunged from $23.12M in the same period of 2018 ... 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 fiscal deficit expanded from $3.75B by December 2017 to $6.25B (10.87% of GDP) by December 2018 the highest since 2010 according to the records of the Ministry of Finance. This was attributed to ... 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 average consumer prices rose by 3.58% year-on-year (y-o-y) by May 2019 compared to an annual uptick of 5.68% recorded in the same period of 2018, as per the Central Administration of Statistics ... read more
The Lebanese economy has been struggling during the first 3 months of 2019 over a stagnating economy, uncertainty around the operating environment and growing geopolitical tensions in the region. The BLOM ... read more
Lebanese Forex Market The Lebanese Pound (LP) steadied this week within the range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25. The peg continues to be supported by ... read more
The BLOM Stock Index (BSI) lost 1.29% during the past two weeks to stand at 847.25 points. Accordingly, the market capitalization slipped from the last 2 weeks’ $8.37B to $8.26B this week. Meanwhile, the ... read more
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