Following several years of economic slowdown, the political breakthroughs that took place by the end of 2016 bolstered optimism regarding the coming year and potential prospects of easing the strains on ... read more
During the week ending December 22, Broad Money M3 rose by a weekly LBP 2,613B ($1.7B) to reach LBP 199,301B ($132B). As such, M3 recorded a 7.24% annual increase and a 7% rise since the start of the year. ... read more
2016 can be described as a revolutionary year in terms of political and economic events. The world’s main movers saw their equities heavily fluctuate after the occurrence of each development topped by the ... 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
Although total tourist spending in the first half of 2016 plunged by 14% y-o-y, it improved in the second half of 2016. According to Global Blue, tourist spending in 2016 recorded a decelerated plunge of ... read more
According to the Lebanese Ministry of Industry, the value of total industrial exports dropped from $255.3M in October 2015 to $220M in October 2016. The main exported products were Machinery and Mechanical ... read more
During the month of December, Lebanon’s Purchasing Managers’ Index (PMI) recorded its highest reading since February, with the index standing at 47.0 points, still below the neutral mark of 50 points ... read more
Data from the Customs reveal the Lebanese trade deficit spiraled by 6.3% y-o-y to reach $14.4B by Nov. 2016 as exports increased by a yearly 3.47% to $2.81B and imports rose by 5.81% y-o-y to $17.2B. In ... read more
Lebanese Forex Market Demand for the dollar on the Lebanese forex market stabilized over the past week at a mid-price of $/LP 1,514.25 within the range $/LP 1,514-1,514.50 on Friday. Foreign assets ... read more
The Beirut Stock Exchange (BSE) recorded during the last week of 2016 a positive performance boosted by stronger banking stocks. In fact, the BLOM Stock Index (BSI) added 0.5% to 1,212.73 points. This was ... read more
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