BDL: Liabilities Re-Valuation Adjustment
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  • BDL: Liabilities Re-Valuation Adjustment
    Location
    Lebanon
    Series ID
    3157
    Reference
    LEB3157D15042024
    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. This change impacted the value of the assets and liabilities in LBP which is reflected in the Valuation Adjustments account. Articles 75 and 115 of Code of Money and Credit. 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.
    Start date
    15 Jan 2011
    End date
    15 Apr 2024
    Useful links
    www.bdl.gov.lb
    Tags
    bdl
    liabilities
    re-valuation
    adjustment
    daily
    banque du liban
    Suggested citation. Use of data is subject to Terms & Conditions
    Banque du Liban, BDL: Liabilities Re-Valuation Adjustment, retrieved from BRITE;
    https://brite.blominvestbank.com/series/BDL-Liabilities-Re-Valuation-Adjustment-3157/
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