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 Ministry of Finance (MoF) latest figures, Lebanon’s fiscal deficit (cash basis) stood at $2.80B by October 2020, down from last year’s $4.02B. In detail, the substantial deficit is attributed ... 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 struggles today amid galloping high inflation, characterized by an uncontrolled rise in prices. Undoubtedly, the main cause of this hyperinflation can be attributed to the increased supply of cash ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 3.93% compared to last year, to reach $154.71B by end of April 2021. Reasons behind the increase include the ... read more
Bank Audi published this week its audited consolidated financial results for end 2020. The Bank said in its statement that the unprecedented tough operating environment in Lebanon – reflected in a lasting ... 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 BDL’s latest monetary report, the BOP recorded a cumulative deficit of $847.2M by March 2021, compared to a deficit of $1062.1M over the same period last year. Accordingly, Net foreign Assets ... 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
With the financial crisis and political uncertainty, Lebanese commercial banks’ health is Jeopardized. Total assets of Lebanese commercial banks decreased by 0.95%, year-to-date (y-t-d), and stood at ... read more
After October 2019, transferring money abroad has become almost unfeasible due to the informal restrictions applied by the commercial banks in Lebanon. Likewise, economists claim that formal capital ... 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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