After a delay in government formation efforts, Lebanon’s economy is expected to contract further in 2021, in addition to drops in private consumption and exacerbating economic, exchange rate and debt ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.04% compared to last year, to reach $153.7B by mid-April 2021. Reasons behind the increase include the 2.77% ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.06% compared to last year, to reach $152.22B by end of March 2021. The increase was mainly due to the 8.65% ... read more
Concerning the Lebanese economy and its ongoing challenges within the sovereign, banking, economic and exchange rate calamities, the widespread anti-government protests continued during month of March ... read more
BDL’s latest statistics on money supply revealed that Broad Money (M3) decreased slightly by LBP 328B ($218M) to stand at LBP 200,851B ($133.23B) by the week ending February 11, 2021. As such, on an annual ... read more
The USA’s and most global markets’ Purchasing Managers’ Index (PMI) went up during February 2021. Cryptocurrency – Bitcoin appeared to be a preferred choice for investors during the first 2 months of ... read more
BDL’s latest statistics on money supply revealed that Broad Money (M3) increased by LBP 274B ($182M) over a 3-week period ending January 28, 2021 to stand at LBP 199,941B ($132.63B). As such, on an annual ... read more
The month of January 2021 witnessed a further deterioration of the economic conditions in Lebanon. Besides the usual suspects of exchange rate depreciations and liquidity constraints etc.., the country ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 5.56% compared to last year, to reach $149.85B by the end of January 2021. The increase was mainly due to the ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 8.47% since year-start, to reach $153.33B in September 2020. The increase was mainly due to the 24.29% rise in ... read more
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