Central Bank Of Lebanon
Lebanese Pound: The Most Undervalued Currency In The World
Middle East Business News - Published date: .
As political and economy chaos ensues, leading analyst says exchange rate needs sorting 'as soon as possible' Read more
Inflation Spirals Out Of Control As Lebanon Drowns In Excess Pounds
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Local currency in circulation soars 137% as it loses 80% of its value amid ongoing economic crisis Read more
Lebanon's Foreign Currency Reserves Could Vanish In 12 Months
Middle East Business News - Published date: .
Goldman Sachs warns of further economic turmoil if new government isn't formed soon Read more
Currency Collapse Heaps More Misery On Lebanese As Prices Skyrocket
Middle East Business News - Published date: .
Lebanese pound loses more ground against the US dollar, adding to the misery of the growing number of people struggling ... Read more
Revealed: How Real Estate Is Shining Through Lebanon's Economic Gloom
Middle East Business News - Published date: .
Real estate is the only economic sector in Lebanon that has shown growth in the first few months of 2020 Read more
Banking Confidence, Exchange Rate Are Key To Lebanese Recovery, Says Banker
Middle East Business News - Published date: .
Central bank governor Riad Salameh has warned banks that cannot increase their capital by 20% by end-February 2021 will ... Read more
Lebanon's Inflation Nightmare Intensifies Amid Economic Crisis
Middle East Business News - Published date: .
Lebanon witnesses another dramatic inflation surge in August, deepening the misery of the country's growing number of po... Read more
The Man Seeking To Breathe New Life Into Lebanon's Manufacturing Sector
Middle East Business News - Published date: .
Alexandre Harkous aims to offer new platform to finance Lebanon's imports through his Cedar Oxygen initiative Read more
Lebanon Succumbs To The Highest Debt-to-GDP Ratio In The World
Middle East Business News - Published date: .
Beirut Port blast, coronavirus add up to an economic crisis which could see GDP fall from $55bn to $25bn in just two yea... Read more
US Sanctions To Beirut Port Blast: Key Moments In Lebanon's Economic Downfall
Middle East Business News - Published date: .
Less than a decade ago, Lebanese banks were the crown jewel of the economy. Today they are in crisis. What went wrong? Read more
$8.8bn Wiped Off Lebanon's Foreign Assets As Crisis Deepens
Middle East Business News - Published date: .
Banker raises doubts over Central Bank's artificial minimum threshold Read more
Lead Lebanon Negotiator For IMF And Eurobond Restructuring Quits
Middle East Business News - Published date: .
Talal F. Salman is the third ministry official to quit over Lebanon's response to its financial crises Read more
Half Of Lebanese Could Face Food Shortages: UN
Middle East Business News - Published date: .
Government priority must be given to rebuilding silos at Beirut port, says UN Economic and Social Commission for Western... Read more
'Fix It Or Exit': The Stark Situation Facing Lebanese Banks
Middle East Business News - Published date: .
If Lebanese banks fail to increase their capital by 20% by the end of February 2021 they have to exit the market, says C... Read more
Strict New Rules Make Life Tough For Lebanese Retailers
Middle East Business News - Published date: .
Central bank imposes stricter requirements to open letters of credit to finance imports into the country Read more
Lebanon Banks Tighten Withdrawal Caps, Sparking Outcry
Middle East Business News - Published date: .
Withdrawal limits differ from bank to bank, but have so far generally been capped at around $1,000 a month Read more
Lebanon Minister Warns Health Sector At Threat Over Dollar Shortage
Middle East Business News - Published date: .
Jamal Jabak urges central bank to release US dollars over a hard currency shortage limiting medical imports to the prote... Read more
Lebanon Banks Told To Boost Capital To Ease Growing Pressure
Middle East Business News - Published date: .
Banque du Liban said raising capital by $4bn would help banks 'confront the current situation and any future development... Read more
Lebanon Banks Reopen As Protests Ease
Middle East Business News - Published date: .
Large queues form outside banks from early morning and people rush in as soon as doors opened to cash in their salaries ... Read more