The BLOM Bond Index (BBI) which is BLOMInvest Bank’s market value-weighted index tracking the performance of the Lebanese government Eurobonds’ market excluding coupon payments, partly recovered from its ... read more
Lebanon’s Purchasing Managers’ Index hit an all-time low, as did the USA’s and most global markets’ PMI. Lebanon’s BLOM PMI expectedly slumped to lows of 30.9 in April 2020 as a result of business closures ... read more
Lebanese Forex Market The Lebanese Pound (LP) remained steady within the official range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25 by the week ending April 24th ... read more
In a nutshell, Lebanon was struggling on multiple fronts during March 2020, namely financially and economically when the coronavirus pandemic emerged on its territory. As the government announced its ... read more
Over the week ending March 27th, Lebanon’s Ministry of finance (MoF) re-confirmed that it will “take all measures it deems necessary to manage Lebanon’s limited foreign currency reserves”. The MoF ... read more
Lebanese Forex Market The Lebanese Pound (LP) remained steady within the official range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25 by the week ending March 13th ... read more
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