Demand for the dollar strengthened over the week, as reflected by the Lebanese pound’s peg against the dollar that went from $/LP 1,508-1,512 with a mid-price of $/LP 1,510 to $/LP 1,509-1,513 with a ... read more
During the week ending January 29, 2015, broad Money M3 decreased by LP 145B ($95.86M), to reach LP 176,106B ($116.82B) with a 5.29% year-on-year growth. In contrast, M1 gained LP 45B ($30.13M) due to the ... read more
On the 27th of January 2015, the Beirut Stock Exchange (BSE) agreed on the swap of 722,264 listed common shares to Global Depository Receipts (GDRs) for Bank Audi. Trade on these GDR shares will begin on ... read more
Following the extraordinary general assembly that took place on the 17th of November 2014, Bank of Beirut (BoB) decided to increase its capital by $2.69M to $69.49M via the issuance of 3,000,000 new ... read more
Rafic Hariri International Airport (RHIA) activity registered a 4.9% y-o-y growth in the total number of passengers reaching 6.57M during 2014. The airline traffic was highly affected by the regional and ... read more
During the week ending January 22, 2015, broad Money M3 experienced a downtick by LP 70B ($46.48M), to reach LP 176,251B ($116.92B) with a 5.33% year-on-year growth. Likewise, M1 decreased by LP 111B ... read more
Beirut, once nicknamed the “The Paris of the Middle East”, suffered in the previous years because of persistent political deadlocks and ongoing unrest in the region. The 6% y-o-y increment to 1.35M in ... read more
Demand for the dollar weakened over the week, as reflected by the Lebanese pound’s peg against the dollar that went up from $/LP 1,510-1,514 with a mid-price of $/LP 1,512 to $/LP 1,509-1,513 with a ... read more
Lebanon’s trade deficit for 2014 narrowed by 0.64% year-on-year (y-o-y) to stand at $17.19B as imports during the year displayed a 3.48% decrease to offset the 15.95% reduction in exports during the same ... read more
Demand for the dollar strengthened over the week, as reflected by the Lebanese pound’s peg against the dollar that went down from $/LP 1,508-1,512 with a mid-price of $/LP 1,510 to $/LP 1,510-1,514 with a ... read more
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