Net Foreign Assets of Depository Corporations
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| Location Lebanon |
| Series ID 11280 |
| Reference LEB11280M092023 |
| Currency code LBP |
| Source Economena Analytics, Banque du Liban |
| Frequency Monthly |
| Unit Trillion |
| Aggregation End of Period |
| Note Starting November 2017, the BDL Net Foreign Assets include the Lebanese government's sovereign bonds issued in foreign currencies. A non-resident private sector deposit, which occurred in August 2019, has been reclassified from "special long-term liabilities" to "foreign liabilities" in the BDL Balance Sheet. 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. The change in the BDL Net Foreign Assets during the current year includes the net flow of the internationally traded net Lebanese Government’s Sovereign Bonds in Foreign Currencies that were acquired by BDL through the same year only. The change in banks' net foreign assets in February 2023 is mainly explained by the decline in banks' LBP foreign liabilities when evaluated in US Dollars at the new official exchange rate of 15,000 LBP/USD. |
| Start date Jan 2011 |
| End date Sep 2023 |
| Useful links www.bdl.gov.lb |
| Tags |
Suggested citation. Use of data is subject to Terms & Conditions Banque du Liban, Net Foreign Assets of Depository Corporations, retrieved from BRITE; https://brite.blominvestbank.com/series/Net-Foreign-Assets-of-Depository-Corporations-11280/ |
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