In the week of Nov.13, 2017, the Ministry of Finance announced plans to issue $1.7B in Eurobonds, in exchange for an equivalent amount of T-bills from the Central Bank (BDL). The operation would shrink the ... 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
According to the Lebanese Customs, Lebanon’s trade deficit narrowed by 2.04 % to $11.77B by September 2017, as exports increased by a yearly 4.86% to $2.12B, and imports fell by 2.48% y-o-y to $13.89B. On ... 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
According to the Association of Lebanese Car Importers, the total number of newly registered commercial and passenger cars slightly rose from 33,317 by October 2016 to 33,596 cars by October 2017. In ... read more
A version of this article appeared in the print edition of The Daily Star on December 06, 2017, on page 4. Every national government sustains itself by raising money domestically, through taxes, and by ... read more
During the week of 19 – 26 October 2017, Broad Money (M3) declined by a weekly LBP 418B ($277M) to reach LBP 208,458B ($138B). Nonetheless, M3 grew by 7.36% on a year-on-year basis and by 4.73% since ... read more
The shocking resignation of Lebanon’s Prime Minister (PM) Saad Hariri last Saturday rattled the Beirut Stock Exchange over the past week. The BLOM Stock Index (BSI) lost 3.20% to reach the level of ... read more
Lebanese Forex Market Despite the political shocks in Lebanon, BDL’s high foreign assets of $43.48B and the comforting political and economic declarations of political leaders helped reduce the ... read more
Over the past week, the BLOM Bond Index (BBI) plunged by 4.27%, to end the week at 98.01 points. The BBI was outperformed by the JP Morgan Emerging Markets’ Bond Index (EMBI) which witnessed a slower ... read more
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