At 12:49 Beirut time, the Euro was quoted at €/$ 1.0929, the equivalent of €/LBP 1,647.55, appreciating by 0.12% against the US Dollar. The Euro increased against the dollar as unemployment rate in the ... read more
The balance sheet of the Lebanese Central Bank, BDL, posted a 1.42% monthly increase in total assets to $92.19B in January 2016. Foreign assets, constituting 40.15% of total assets, inched down by 0.20% ... read more
The Beirut Stock Exchange (BSE) ended today’s session in the red, with the BLOM Stock Index (BSI) decreasing by 0.21% to 1,156.85 points, after 4 sessions of gains. In the real estate sector, Solidere ... read more
Two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on the London Stock Exchange (LSE) on Monday. BLOM GDRs increased by 0.10% to reach $9.65, after the trade of 113,026 ... read more
Demand for Lebanese Eurobonds increased on Monday, as the BLOM Bond Index (BBI) augmented by 0.10% to 102.89 points. The yield on the 10Y Lebanese Eurobonds dropped by 2 basis points (bps) to 6.86%, while ... read more
At 11:30 Beirut time, the Euro was quoted at €/$ 1.0910, the equivalent of €/LBP 1,644.68, appreciating by 0.20% against the US Dollar. The euro gained against the dollar today mainly on beliefs that the ... read more
The trade deficit in Lebanon contracted by 12.04% (year on year) y-o-y by the end of December 2015, to register $15.12B due to a 11.83% decline in total imports outpacing the 10.75% fall in total exports. ... read more
At 15:20 Beirut time, the Euro was quoted at €/$ 1.0879, the equivalent of €/LBP 1,640.01, appreciating by 0.42% against the US Dollar. The European currency maintained its increase against the dollar, as ... read more
At 16:03 Beirut time, the Euro was quoted at €/$ 1.0857, the equivalent of €/LBP 1,636.69, depreciating by 0.73% against the US Dollar. Although inflation in the Eurozone improved by an annual 0.4% in ... read more
BEMO Bank’s financial statements revealed a 19.63% year-on-year (y-o-y) surge in its net profits to $13.43M in 2015. Although net interest income and net fee and commission income dropped 3.92% and 1.19% ... read more
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