The Nominal Effective Exchange Rate (NEER) of the Lebanese pound increased marginally by 0.1% this week against a basket of 21 influential currencies, including Read More
Tags :US Dollar
The significant depreciation of the Lebanese pound over the last 2 years has impacted multi sectors in Lebanon; of which is the pharmaceutical Read More
By Invitation: Dr Azar is Full Professor, Faculty of Business Administration and Economics, Haigazian University, Beirut, Lebanon. The views expressed in this Read More
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of Real estate (RE) transactions which Read More
Financial Markets
Future value of the US Dollar likely to deteriorate following aggressive US economic policies
11/06/2021 04/06/2021 %Change YTD Euro / LP 1,825.47 1,819.01 0.36% -0.73% Euro / Dollar 1.2109 1.2066 0.36% -0.73% NEER Index 138.91 139.84 -0.67% 11.27% Lebanese Forex Market To-date, the Lebanese Pound (LBP) remained steady Read More
Economic Indicators
Total Number of Registered New Cars slumped by 74.81% to stand at 628 by March 2021
The Association of Car Importers in Lebanon (denoted as AIA) recently shared its automotive report which explains that “As a result of Read More
12/02/2021 05/02/2021 %Change YTD Euro / LP 1,821.81 1,803.53 1.01% – Euro / Dollar 1.2085 1.1964 1.01% – NEER Index 124.58 125.30 -0.57% -0.21% Lebanese Forex Market To-date, the Lebanese Pound (LBP) remained steady within Read More
Economic Indicators
Cleared Checks Back on a Downtrend: Total Value at $2.6B in May 2020, Down by 38.1%YOY
Interpreting the checks dataset provided by the Association of Lebanese Banks’ (ABL) on a monthly basis reveals that the uptrend witnessed in Read More
The total number of cleared checks in the Lebanese financial system slumped from 2.65M checks in Q1 2019 to 1.85M checks in Q1 Read More
Economic Indicators
Total Value of Cleared Checks Up by 36.5%YOY, while Returned Checks Normalize in Jan. 2020
The latest data released by the Association of Lebanese Banks (ABL) revealed that the total number of cleared checks in the first Read More
