The Lebanese pound edged higher for a second day Friday, trading at LL8,750 to the dollar on the black market as a full lockdown to stem a surge of COVID-19 cases hit demand for the greenback.
The Lebanese pound edged higher Thursday, trading at LL8,850 to the dollar on the black market as the country began an 11-day lockdown to stem a surge of COVID-19 cases.
Gone are the days when Lebanese banks lure new deposits by offering high and unreasonable interest rates on both dollar and pound accounts.
The Lebanese pound continued its decline against the US dollar Wednesday, trading at LL8,950 on the black market as the troubled country faced political uncertainty.
The World Bank approved Tuesday a $246 million loan for Lebanon to help Lebanese authorities set up a social safety net to help impoverished families.
Real estate developer Solidere announced Monday that it settled its bank loans that exceeded $200 million in 2020.
The Lebanese pound continued its retreat against the dollar on the black market Tuesday as the political crisis deepened
The Lebanese pound retreated against the US dollar on the black market Monday as the country's political and health crises deepened.
In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major escalation of American attempts...
Iraq agreed a $2.625 billion deal with South Korea's Daewoo Engineering & Construction (047040.KS) on Wednesday to build the first phase at its planned Faw...
Twitter's German-listed shares slumped 8% on the first trading day after it permanently suspended U.S. President Donald Trump's account late on Friday.
With uncertainties regarding U.S. elections fading, some investors expect company earnings and economic data to play a greater role in moving stock prices...
The Lebanese pound was stable against the dollar Saturday, trading for LL8,650 on the black market.
Lebanon's central bank governor Riad Salameh said on Friday the era of the dollar peg was finished but said any floatation of the currency would depend on...
Salameh tells Reuters pound will not be floated without an IMF agreement
The Lebanese pound rose against the dollar Friday, trading for LL8,650 on the black market
The Lebanese pound fell against the dollar Thursday, the first day of the 25-day nationwide lockdown, trading at around LL8,750 on the black market.
The Lebanese pound fell against the US dollar Wednesday, trading at LL8,650 on the black market, as the country prepared to go into a 25-day lockdown to...
The World Bank Tuesday estimated the cost of damage at Beirut Port from Aug. 4, 2020 blast at $350 million, but insisted that reforming this facility should...
The government has proposed a cash assistance program funded by the IMF to support Lebanese households when subsidies are lifted
The Lebanese pound remained stable against the dollar on the black market on the first Monday of 2021.
The Lebanese pound registered losses against the dollar Saturday, as Lebanon entered the New Year with no prospects of a new government
The Lebanese pound fell slightly against the dollar Thursday, ending a devastating year on a low note.
The Lebanese pound remained stable against the dollar Wednesday, trading at around LL8,350 on the black market.
A cyber hacker under the name of Spiderz managed to penetrate some of the accounts of Hezbollah’s financial and banking arm Al-Qard Al-Hassan.
Lebanon-based Bank Audi, one of the country’s largest lenders, has initially agreed to sell its subsidiaries in Jordan and Iraq to Amman-based Capital Bank,...
The Lebanese pound remained stable against the dollar Tuesday, trading at around LL8,350 on the black market.
Banque Saudi Fransi acquired the remaining 47 percent shares of Bank Audi’s subsidiary in Syria for around $25 million, a banking source said Monday.
The Lebanese pound marginally rose against the dollar Monday, trading at around LL8,350 on the black market
The Lebanese pound fell against the dollar Saturday, trading at around LL8,375 on the black market, as the country waits for a new government after the New...
The Lebanese pound rose against the dollar Friday, trading at around LL8,275 on the black market.
In a proposal released last week, the Ministry of Economy has suggested that ending the Central Bank subsidies will increase competition in Lebanon and lower...
The Lebanese pound declined against the dollar Thursday, trading at around LL8,400 on the black market after Prime Minister-designate Saad Hariri announced a...