Interest Rates Activity in the Lebanese Banking Sector
Statistics released by Banque Du Liban (BDL) reveal a slight monthly contraction in the average interest rate on Lebanese-pound denominated deposits to 7.27% in November 2008.
Lebanon’s Consumer Price Index
Banque Du Liban’s consumer price index (CPI), which is an indicative measure of inflation, rose by 8.52% on a yearly basis to 122.15 in November 2008.
Kafalat Loans In December 2008
Statistics released by the Governmentsubsidized program “KAFALAT” uncover a sizeable increase in the number of guarantees extended by Kafalat during the full year 2008 to 908.
The Saudi Stock Exchange
On a weekly basis, the Tadawul All Shares Index reversed momentum, plunging by 7.27% to 4,935.33 points.
Consumer Price Index In December 2008
The U.S. Labor Department reported a 0.7% monthly contraction in the U.S. Consumer Price Index in December 2008 on the back of diminishing energy prices
