The Lebanese pound fell on the black market Friday, trading at LL12,450 against the dollar.
The Association of Banks in Lebanon said Thursday that Lebanese lenders have transferred $240 million to Lebanese students studying abroad to cover their tuitions.
The Lebanese pound gained on the black market Thursday, trading at LL12,150 against the dollar.
After a year of economic meltdown in Lebanon, Hala Sheikh is sticking to a modest menu as she prepares the evening meal for her family to break their daily Ramadan fast.
Central Bank governor Riad Salameh on Wednesday reminded Caretaker Finance Minister that BDL cannot continue to subsidize products in the same patter, urging...
The Lebanese pound fell on the black market Wednesday, trading at LL12,550 against the dollar.
The Lebanese pound rose on the black market Tuesday, trading at LL12,250 against the dollar, as reports indicated renewed efforts to ease the political crisis.
The dysfunctional nature of the Lebanese economy has meant that while the US dollar cost of renting in Beirut has largely decreased due to restrictions on...
Syria's central bank devalued the pound on Thursday, bringing the currency's official exchange rate closer to the black market rate, two days after the...
The Middle East's largest operator of malls expects revenue and earnings to climb back to pre-pandemic levels by the end of next year and is moving full steam...
Coinbase Global Inc shares jumped 11% in early trading on Thursday, a day after the cryptocurrency exchange went public in a high-profile debut on the Nasdaq...
Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies...
The World Bank projected that Lebanon’s GDP to contract by 9.5 percent in 2021 due to various political and economic factors.
The Lebanese pound fell on the black market Monday, trading at LL12,850 against the dollar, as efforts to resolve the country's political crisis remain...
The Lebanese pound fell on the black market for a third straight day, trading at LL12,650 against the dollar, after Arab efforts to help resolve the country's...
The Central Bank said it handed over a list of information requested by Alvarez & Marsal to the Finance Ministry so it can be passed on to the forensic...
The Lebanese pound declined further on the black market Friday, trading at LL12,350 against the dollar.
The Association of Banks in Lebanon on Thursday brushed off claims that the lenders were partly responsible for the country’s economic and financial woes,...
Foreign lenders including HSBC and Wells Fargo are cutting ties with Lebanon's central bank, sources familiar with the matter told Reuters, underlining the...
The Lebanese pound fell on the black market Wednesday, trading at LL12,000 against the dollar.
The Lebanese pound marginally went up on the black market Wednesday, trading at LL11,800 against the dollar.
The Central Bank agreed to furnish Alvarez & Marsal with all the remaining documents and information for forensic auditing from Friday till the end of the...
The Lebanese pound marginally went up on the black market Tuesday, trading at LL11,850 against the dollar.
Car dealers in Lebanon are paying a hefty and unparalleled price due to the severe economic recession, sharp devaluation of Lebanese pound and total political...
The Lebanese pound fell against the dollar Monday, exchanging for LL12,100 on the black market.
The Lebanese pound rose slightly against the dollar Saturday, exchanging for LL11,550 on the black market.
Lebanon will run out of money to fund basic imports by the end of May and delays in launching a plan to reduce subsidies are costing $500 million a month, the...
Alvarez and Marsal is waiting for the remaining answers from BDL concerning data on all the accounts of BDL to resume its forensic auditing, a source said.
Lebanon's central bank is ready to facilitate a forensic audit process by Alvarez & Marsal and will discuss this in a virtual meeting with the restructuring...
BDL has $1.5 billion left for the subsidy program and it’s not willing to continue this trend until the caretaker government comes up with a plan to lift...
The Lebanese pound surged by nearly 10 percent against the US dollar Thursday, trading for LL11,600 on the black market, as political leaders were said to...
The Lebanese pound marginally went up on the black market Wednesday, trading at LL12,700 against the dollar.
The Lebanese pound fell on the black market Tuesday, trading at LL12,750 against the dollar.