According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1,773.4M by July 2021, compared to a deficit of $5,532.6M over the same period last year. Accordingly, Net foreign ... read more
The Lebanese lira in Lebanon was stable for decades. The famous rate 1507.5 LBP/USD has come to an end after the massive financial crisis that started in October 2019. To be specific the black market rate ... 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 balance sheet of Banque du Liban (BDL), the central bank’s total assets added 3.43% compared to last year, to reach $159.75B by end of August 2021. The increase was mainly due to 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
As Lebanon’s financial crisis deepened, the Lebanese became increasingly dependent on the financial support from family members abroad. In turn, the country became one of the top remittance recipient ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 33% by May 2021, up from last year’s registered 19% during the same period. On ... read more
For the month of August, President Michel Aoun and Prime Minister-designate Najib Mikati have met several times to agree on a new cabinet with no end result. However, as of last week, President expressed ... read more
The Lebanese economy had a turning point in year 2019, crowned by sudden drop in capital inflows and surging interest rates on deposits that marked the start of a currency crisis. Further massive social ... 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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