BDL: Asset Re-Valuation Adjustment
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| Location Lebanon |
| Series ID 3150 |
| Reference LEB3150D31102024 |
| Currency code LBP |
| Source Economena Analytics, Banque du Liban |
| Frequency Bi-weekly |
| Unit Trillion |
| Aggregation End of Period |
| Note 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. Based on the Central Council's decision number 48/4/24 dated 02/15/2024, BDL relied on the USD/LBP Electronic Platform rate as of 02/29/2024 equivalent to LBP 89,500. Revaluation Adjustment includes the provisions of articles 75 and 115 of C.M.C.: 1- The balance of the "Revaluation Adjustment - Article 115" account as at 10/31/2024 equals LBP 2,767.79 Trillion. 2- The balance of the "Exchange Stabilisation Fund - Article 75" up to 10/31/2024 equals LBP 162.88 Trillion. The balance sheet figures as at 10/15/2024 are restated. |
| Start date 15 Jan 2011 |
| End date 31 Oct 2024 |
| Useful links www.bdl.gov.lb |
| Tags |
Suggested citation. Use of data is subject to Terms & Conditions Banque du Liban, BDL: Asset Re-Valuation Adjustment, retrieved from BRITE; https://brite.blominvestbank.com/series/BDL-Asset-Re-Valuation-Adjustment-3150/ |
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