LBP-USD: Demand for the dollar in the Lebanese Forex market improved during the week as the Lebanese pound increased against the dollar from $/LP 1,503–1,507 with a mid-price of $/LP 1,505 to $/LP ... read more
At 11:30 Beirut time, the Euro was quoted to be $/€ 1.0896, down ticking by 0.07% from yesterday’s close. In general news, United States ADP (Automatic Data Processing), one of largest payroll outsourcing ... read more
The Euro continued its bearish trend since the start of the week Greek development seems to be holding back the single currency. In details, the Euro depreciated versus the dollar by 0.20% to 1.0858 at ... read more
The Euro slightly recovered today versus the dollar after yesterday’s poor performance, appreciating by 0.16% to 1.0967 at 11:30 Beirut time. Locally, the Lebanese Pound was unchanged versus the Dollar at ... read more
The Euro was bearish versus the Dollar today, as it depreciated by 0.22% to 1.0963 at 11:30 Beirut time, on the back of poor Euro Zone data. In details, Greek manufacturing data for July hit an all-time ... read more
The Euro barely changed versus the Dollar today, as it up ticked by 0.08% to 1.0940 at 11:30 Beirut time, despite the Euro Zone date being negative yesterday, and the positive GDP from the US. Locally, ... read more
Demand for the dollar in the Lebanese Forex market steadied during the week as the Lebanese pound’s peg against the dollar stabilized at $/LP 1,503–1,507 with a mid-price of $/LP 1,505. Foreign assets ... read more
The Euro weakened versus the Dollar today, as it depreciated by 0.14% to 1.0969 at 11:30 Beirut time, after the US Federal Reserve left its key interest rate unchanged, although the overall tone of the ... read more
The Euro remained relatively stable versus the Dollar, as it up ticked by 0.02% in the absence of no major updates from Europe. Locally, the Lebanese Pound depreciated versus the Dollar, from LP/$ ... read more
The Euro dropped by 0.51% versus the Dollar mainly on the back of good core durable goods figures from the US and despite of an improved German IFO (a business climax index) . In the upcoming days the ... read more
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