Location | Lebanon |
Series ID | 130197 |
Reference | LEB130197M012024 |
Currency code | LBP |
Source | Banque du Liban |
Frequency | Monthly |
Unit | Trillion |
Aggregation | End of Period |
Note | Values are according to IFRS 9 accounting standards. Figures are subject to change due to ongoing revisions. Effective February 1, 2023, Banque du Liban (BDL) announced a change of Lebanon's official exchange rate from 1,507.5 LBP / USD to 15,000 LBP / USD. Effective January 31st 2024, and in accordance with Circular No. 167, Banks and Financial Institutions are required to convert their Balance Sheets' Accounts in Foreign Currencies to Lebanese pounds at the Official Exchange Rate of 89,500 LBP per dollar when preparing their financial positions. |
Hint | A key indicator used by analysts and credit agencies to assess the ability of the banking sector in continuing to finance the state's budget deficit. |
Start date | Sign In |
End date | Sign In |