At 14:15 Beirut time, the Euro was quoted at €/$ 1.0992, the equivalent of €/LBP 1,657.04, depreciating by 0.31% against the US Dollar. The euro went down against the dollar today after the release of the ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI) continued to show signs of deflation in the first month of the year. The CPI dropped from 97.13 points in January ... read more
The BLOM Stock Index (BSI) increased for the third session in a row, reaching 1,168.37 points on Friday, 0.13% higher than its previous value. In the real estate sector, Solidere shares classes “A” and “B” ... read more
Construction activity showed expansion in the first month of 2016. As the latest figures released by the Orders of Engineers in Beirut and the North revealed that the number of permits rose by 16.77% ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of the Lebanese Pound steadied at $/LP 1,513-1,514 with a mid-price of $/LP ... read more
Higher demand was registered for Lebanese Eurobonds over the past week as shown by the 0.69% weekly increase in the BLOM Bond Index (BBI) to 103.36 points. The Lebanese gauge was outpaced by the JP Morgan ... read more
At 12:40 Beirut time, the Euro was quoted at €/$ 1.1097, the equivalent of €/LBP 1,672.87, depreciating by 0.11% against the US Dollar. The dollar went up today after the release of the U.S. core consumer ... read more
According to the Ministry of Finance, transfers to EDL reached $888.37M during the first 9 months of 2015, 40% lower than the $1.49B transferred over the same period in 2014. This decline mainly resulted ... read more
During the week ending on February 4th, broad Money M3 increased by LP 220B ($145.93M) to reach LP 185,849B ($123.28B). M3 registered a 4.83% yearly growth and a 0.40% year-to-date downtick. Similarly, M1 ... read more
The collapse in global crude oil prices since June 2014 had a significant impact on economies, governments and business. Lebanon was no exception to this rule. One of the local markets to bear the brunt of ... read more
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