Wednesday, 17 April 2024

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Recent News

  • Lebanon tension spurs questions over Middle East currency pegs

    16:56 | 22/11/17
    Financial Times
    The Lebanese pound came under pressure this month with the shock resignation of Saad al-Hariri, the prime minister, on a visit to Riyadh. more»

  • Bond sell-off widens as Saudi, Lebanese tensions swirl

    08:30 | 9/11/17
    Gulf Times
    A money exchange vendor displays Lebanese pound banknotes at his shop in Beirut yesterday. Lebanon has been thrust to the centre of regional rivalry between Saudi Arabia and Iran since the Saudi-allied Lebanese politician Saad al-Hariri quit as prime ... more»

  • Lebanese pound stable and well protected

    10:52 | 12/9/17
    The Daily Star
    The elements that keep the Lebanese pound stable are stronger than ever despite attempts to undermine the Central Bank's monetary policy, economists said Monday. more»

  • End to political vacuum to boost Lebanon's banking outlook

    23:03 | 27/11/16
    gulfnews.com
    Although the BdL has not disclosed details of this operation, according to Moody's estimate, BdL bought $2 billion of Eurobonds from the Lebanese Ministry of Finance in exchange for an equivalent amount of debt denominated in Lebanese pounds. more»

  • Brave new era or just a false dawn for Lebanon?

    22:22 | 24/10/16
    The National
    The nomination of Hariri Senior in 1992 stabilised a Lebanese pound that was hurtling out of control and set in motion the reconstruction process, while in 2008 the nomination of president Michel Suleiman forced the warring March 8 and March 14 blocs ... more»

  • A small, local step to ease international suffering from war, drought

    00:11 | 21/8/16
    The Bellingham Herald
    A Syrian refugee cooks food for her family outside her tent at a Syrian refugee camp in the eastern Lebanese town of Saadnayel, Bekaa Valley, Lebanon, Lebanon, Tuesday, July 19, 2016. Human Rights Watch, a leading international human rights group, said ... more»

  • This Day in History - August 19

    20:48 | 19/8/16
    Jamaica Observer
    1960: Soviet scientists safely bring back to earth a 4,600-kilogramme (10,120-pound) satellite carrying two dogs into orbit. more»

  • In Egypt, Sissi's Reputation Fades as Problems Mount

    12:33 | 1/7/16
    Voice of America
    And this week, citing alleged visa violations, police deported the British-Lebanese host of a talk show launched after the 2011 uprising that ended Hosni Mubarak's 30-year rule and raised hopes of a new era of political openness and social justice ... more»

  • Lebanon expects Brexit benefits in EU import bills

    17:03 | 27/6/16
    Al-Bawaba
    Economists stress that gold is used as a last defense line to keep the Lebanese pound stable. Wazni's remarks were echoed by Nassib Ghobril, head of the research department at Byblos Bank, who said that the immediate short term impact of Brexit on ... more»

  • Near Damascus, watch out for missiles, shelling and speeding tickets

    11:24 | 17/6/16
    Al-Monitor
    For the first time since the Syrian military intervention in Lebanon in 1976, a civilian at the Syrian Jdeidet Yabous border crossing can note the presence of Lebanese politicians going to Damascus. For 40 years, Syrian authorities designated a special ... more»
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