Banque du Liban will put into circulation a new LL100,000 banknotes on Dec. 7, 2020, to mark the 100th anniversary for the declaration of great Lebanon
The Lebanese pound slightly fell against the dollar Thursday, trading at around LL8,100 on the black market.
Caretaker Finance Minister Ghazi Wazni Thursday proposed the suspension of the banking secrecy law for one year to conduct forensic auditing of all Central Bank accounts.
The International Monetary Fund is committed to helping Lebanon implement needed reforms, but the country still needs a coherent fiscal framework and a credible strategy to rehabilitate its banking sector, IMF chief Kristalina Georgieva said on Wednesday.
Blom Bank is optimistic about the chances to sell its subsidiary in Egypt
The Lebanese pound fell against the dollar Wednesday, trading at around LL8,050 on the black market
Blom Bank has entered exclusive talks with Bahrain’s Bank ABC to potentially sell its ownership in Blom Bank Egypt, Blom Bank said in a statement on Wednesday.
The Lebanese pound rose against the dollar Tuesday, trading at around LL7,750 on the black market as hope grew that Prime Minister-designate Saad Hariri will...
Iran's government presented a draft state budget of about $33.
The United Arab Emirates came out of OPEC heavyweight Saudi Arabia's shadow this week by demanding better adherence with oil supply cuts, effectively delaying...
OPEC and Russia have moved closer to a compromise over oil supply policy for 2021 after talks earlier this week failed to yield a decision on how to tackle...
Bitcoin fell as much as 7% against the dollar on Tuesday as the fledgling currency was back to its volatile self after having scaled a record peak earlier in...
Caretaker Finance Minister Ghazi Wazni Tuesday officially requested that Central Bank Governor Riad Salameh implement Parliament’s decision to provide all the...
Lebanon is suffering from an arduous and prolonged depression, the World Bank said on Tuesday, criticising authorities for "a deliberate lack of effective...
Central Bank Gov. Riad Salameh has to comply with the Parliament’s decision to provide all the state and BDL accounts to the forensic auditing team
Twelve Lebanese banks have resorted to leading U.S. law firms to challenge lawsuits by the heirs of US Army victims killed or injured in Iraq who claim the...
The Lebanese pound remained stable against the dollar Friday, trading at around LL8,300 on the black market as efforts to form a new Cabinet remain stalled.
The Lebanese pound fell against the dollar once again Thursday, trading at around LL8,350 on the black market as the political crisis in Lebanon deepened.
Restructuring consultancy Alvarez and Marsal confirmed on Thursday that it had withdrawn from a forensic audit of Lebanon's central bank as it had not...
Lebanon’s Central Bank net foreign currency reserves has recorded a deficit of $58 billion up to this date and this was mainly due to the financial system...
The Lebanese pound marginally rose against the dollar Wednesday, trading at around LL 8,225 on the black market
The Lebanese pound remained stable against the dollar Tuesday, trading at around LL8,300 on the black market, as the Cabinet formation process continued to...
Caretaker Justice Minister Marie Claude Najm reiterated that there was no justification for Central Bank Governor Riad Salameh not to provide all the...
The Lebanese pound slightly fell against the dollar Monday, trading at around LL8,350 on the black market, as more complications arose in the stalled Cabinet...
Caretaker Finance Minister Ghazi Wazni said Friday that he was surprised by Alvarez & Marsal's decision to terminate the contract to carry out forensic...
Alvarez & Marsal cancelled its contract with the government to conduct forensic auditing of the Central Bank’s accounts after BDL refused to provide it with...
The Lebanese pound marginally rose against the dollar Friday, trading at around LL8,275 on the black market.
The Lebanese pound registered significant losses against the dollar Thursday, trading at around LL8,450 on the black market
The Lebanese pound traded at LL8,025 on the black market Wednesday, for the first time since Saad Hariri was named prime minister-designate on Oct. 22.
The Lebanese pound fell against the dollar Tuesday, trading at around LL7,900 on the black market as the troubled Cabinet formation process came to a...
The Lebanese pound fell significantly against the dollar Monday, trading at around LL7,850 on the black market, after a French envoy failed to make a...
The Lebanese pound fell against the dollar Friday, trading at around LL7,625 on the black market
Total bank deposits of the Lebanese banking sector have declined by more than $30 billion over a 13 month period ending in September 2020, Byblos Bank said.