Commercial Banks: Revaluation Difference of Financial Derivatives
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| Location Lebanon |
| Series ID 130112 |
| Reference LEB130112M062024 |
| Currency code LBP |
| Source Economena Analytics, Banque du Liban |
| Frequency Monthly |
| Unit Billion |
| Aggregation End of Period |
| Note Values are according to IFRS 9 accounting standards. 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. |
| Start date Feb 2018 |
| End date Jun 2024 |
| Useful links www.bdl.gov.lb |
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Suggested citation. Use of data is subject to Terms & Conditions Banque du Liban, Commercial Banks: Revaluation Difference of Financial Derivatives, retrieved from BRITE; https://brite.blominvestbank.com/series/Commercial-Banks-Revaluation-Difference-of-Financial-Derivatives-130112/ |
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