For the month of February 2022, Lebanon experienced a steady appreciation the exchange rate in the parallel market to an average of LBP/USD 21,900. This was accompanied by the approval of a preliminary ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
29/10/2021 22/10/2021 % Change BLOM Stock Index 999.324 1,000.974 -0.16% Average Traded Volume 44,164 109,539 -59.68% Average Traded Value 788,965 ... read more
Towards the end of year 2020, Governor Salameh mentioned in an interview that “Lebanese households hoard $10 billion in cash”[1]. That Lebanese households should hoard dollars in a crisis that is ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), which gives an overview about the evolution of goods and services’ prices consumed by households, revealed that ... read more
The exacerbating economic, exchange rate, debt crises and false promises of a government formation will most likely contract the economy further. In the week ending May 6, 2021, the Lebanese pound was ... read more
The data released by the Ministry of Finance (MoF) recently, indicated that Lebanon’s gross public debt hit $95.94B in the first month of 2021, thereby recording an annual increase of 4.3%. The rise is ... 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
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
While the debate over the optimal currency system continues to pour lots of ink, reality is that pegged exchange rates regimes remain the most adopted worldwide during and after the Gold Bullion Standard ... read more
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