At 16:30 Beirut time, the Euro was quoted at €/$ 1.0732, the equivalent of €/LBP 1,617.85, depreciating against the US Dollar by 0.79% from Thursday’s close. Mario Draghi’s speech signaling a probable ... read more
Lebanon’s trade deficit declined by 18.57% year-on-year (y-o-y) by September, to record $10.67B due to a 17.38% decrease in overall imports outpacing the 11.10% decline in total exports. The prominent ... read more
There was positive political discussions in today’s parliamentary session as 12 bills were passed including an agreement between Lebanon and the Arab Fund for Economic & Social Developments and another ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Wednesday. In details, 6,000 GDRs of BLOM changed hands at $9.60, increasing by ... read more
Demand on the Lebanese Eurobonds market dropped on Wednesday, as illustrated by the 0.32% daily drop and the 3.30% year-to-date decline in the BLOM Bond Index (BBI) to 103.93 points. Yields on the 5Y and ... read more
At 16:30 Beirut time, the Euro was quoted at €/$ 1.0773, the equivalent of €/LBP 1,624.03, appreciating against the US Dollar by 0.28% from Wednesday’s close. Despite Mario Draghi’s speech today suggesting ... read more
The Lebanese Gross Public Debt (GPD) reached $68.72B (LBP 103,597B) by end September, widening by 4.17% year-on-year (y-o-y) and 3.23% since the start of the year. Accordingly, Lebanon’s public debt ... read more
The Board of Directors of Banque Libano-Francaise (BLF) decided to redeem its 1,000,000 BLF preferred shares 2010 Series 2 worth LP 10,000,000,000. These shares will be replaced by 1,000,000 common shares ... read more
Low demand for Lebanese Eurobonds pushed the BLOM Bond Index (BBI) down by 0.22% over the past week to reach 104.70 points. Thus, the BBI lagged behind the JP Morgan Emerging Markets’ Bond Index which ... read more
According to the Central Administration of Statistics (CAS), the consumer price index (CPI) remained on its downtrend, dropping from 100.77 in July 2014 to 96.89 in July of this year, registering a 3.86% ... read more
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