According to the Lebanese Central Bank’s (BDL) new Monetary Overview for 2015, the Lebanese economy has proven to be resilient amid the political and security turbulences locally and regionally. However, ... read more
No economic progress was recorded when it comes to Egypt during the second quarter of 2016. The country kept on suffering from draining foreign currency (FC) reserves and an overvalued exchange rate. From ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of the dollar steadied at $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514. ... read more
Egypt inaugurated 2016 with a bunch of new economic decisions and international deals topped by the Central Bank of Egypt’s (CBE) new monetary measures. As a matter of fact, the lack of net foreign ... read more
The measures adopted by the Central Bank of Egypt (CBE) during the previous 3 years to curtail capital flows, were having negative impact on exports, new foreign investments, and even existing ... read more
Investors’ confidence in the economic outlook of MENA countries did not improve in the last quarter of 2015. The geo-political risks of the region that kept on aggravating and the worsening oil prices ... read more
The political and security developments in Lebanon and the region continued to weigh heavily on the Lebanese economy during 2015. GDP growth declined to 0.5% and could have turned negative if not for the ... read more
At 16:15 Beirut time, the Euro was quoted at €/$ 1.0590, the equivalent of €/LBP 1,596.44, depreciating against the US Dollar by 0.47%. The euro continues to record losses against the dollar as the ... read more
At 12:30 Beirut time, the Euro was quoted at €/$ 1.0637, the equivalent of €/LBP 1,603.53, depreciating against the US Dollar by 0.63% from Friday’s close. The euro continues to fall against the dollar on ... read more
Lebanese Forex Market: Demand for the dollar on the Lebanese forex market increased as the exchange rate rose from at $/LP 1,510-1,514 with a mid-price of $/LP 1,512 to $/LP 1,510.5-1,514.5 with a ... read more
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