Search
Weekly Market Watch
0
0
Interest Rates Activity in the Lebanese Banking Sector
Wed, Jul 23 2008, 06:09 GMT
by Credit Libanais Research Unit
Statistics released by Banque Du Liban (BDL) reveal a slight monthly expansion in the average interest rate on Lebanese-pound denominated deposits to 7.27% in May 2008, up from 7.26% in April 2008 in comparison with 7.49% in May 2007.
The Lebanese Banking Sector
In the banking sector, the consolidated balance sheet of commercial banks in Lebanon revealed a 0.66% monthly expansion in total banking sector assets to LBP 129,946 billion as at end of May 2008, up from LBP 129,089 billion in April 2008.
Public Debt
As far as public debt is concerned, statistics released by the Lebanese Ministry of Finance show an annual 5.21% expansion in gross public debt to $43.56 billion as at end of May 2008, up from $41.4 billion in the same period in 2007.
Lebanon’s Coincident Indicator & Consumer Price Index
Banque Du Liban’s coincident indicator advanced by 7.53% on a yearly basis to 200 in April 2008, from 186 in April 2007.
Fitch Affirms Morocco “BBB- ” Rating
According to Reuters, Fitch Rating Agency affirmed Morocco’s long term foreign and local currency rating at “BBB-” and “BBB” respectively.
Consumer Price Index In June 2008
The U.S. Labor Department revealed a moderate 1.1% monthly expansion in the U.S. Consumer Price Index “CPI” in June 2008 on the back of higher gasoline prices.
Published on Wed, Jul 23 2008, 06:14 GMT
Archive
- Budget Deficit In October 2008
Published On Wed, Nov 19 2008, 06:03 GMT - Kuwait's Inflation In July
Published On Tue, Nov 11 2008, 11:09 GMT - Federal Funds Rate At 1%
Published On Tue, Nov 4 2008, 17:03 GMT - The Lebanese Banking Sector
Published On Tue, Oct 14 2008, 10:54 GMT - Kafalat Loans In August 2008
Published On Wed, Oct 8 2008, 10:20 GMT
Credit Libanais
| Sofil Center 5th floor, Charles Malek Avenue, Ashrafieh 1100 2811, Beirut
http://www.creditlibanais.com | info@creditlibanais.com
Legal disclaimer and risk disclosure
This document is being furnished to you solely for your information and may not be reproduced or redistributed to any other person. This document does not constitute an offer or invitation to subscribe to or purchase any security, and neither this document nor anything contained herein shall form the basis of any contract or commitment whatsoever. Reasonable care has been taken to ensure that the facts stated herein are accurate and the estimates, opinions and expectations contained herein are fair and reliable.Interested in forex trading? forex brokerage firms!
  Contact the broker/FDM Open a demo account  |  Contact the broker/FDM Open a demo account |  Contact the broker/FDM Open a demo account |  Contact the broker/FDM Open a demo account |  Contact the broker/FDM |
FXstreet.com will give you a 3 months membership as soon as minimum rebates have been generated (€150 for private trader/ €300 for corporate trader)
[Read Premium full description]
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2008 "FXstreet.com. The Forex Market" All Rights Reserved.