Efforts to get Lebanon’s leaders to agree on a new government by mid-September in order to start fixing the country’s problems have yet to bear fruit. The cabinet formation process has hit a deadlock over ... read more
BDL’s latest statistics on money supply revealed that Broad Money (M3) fell by a weekly LBP 36B ($24M) in the week ending September 10, 2020 to stand at LBP 196,182B ($130.14B), leading to an annual ... read more
The Central Administration of Statistics (CAS) revealed that Lebanon’s monthly inflation rate surged from 11.4% and 17.5% in February and March 2020, respectively, to reach 112.4% in July and a record-high ... 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
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
Moody’s report dated 15 September 2020 affirms Lebanon’s credit rating to C as downgraded on 27 July, with no outlook assigned. Noting that C is the lowest rating on Moody’s rating scale, this decision is ... 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 devastating explosion at the Port of Beirut on August 4 caused widespread corruption and ruined Beirut’s main trade and shipping area thus limiting Lebanese imports and exports. The damage massively ... 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
As per the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 6.90M checks by August 2019 to 3.98M checks by August ... read more
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