Other Net Items
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  • Other Net Items
    Location
    Lebanon
    Series ID
    3524
    Reference
    LEB3524M052024
    Currency code
    LBP
    Source
    Economena Analytics, Banque du Liban
    Frequency
    Monthly
    Unit
    Trillion
    Aggregation
    End of Period
    Note
    Starting January 2017, the compilation of the monetary aggregates and their counterparts is based on the consolidated balance sheets of depository corporations. 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 negative value recorded in the ’Other Items, Net’ starting May 2023 is attributed to the reduction of approximately USD 4 billion in the ‘Unclassified Assets’ item of the BDL balance sheet. This reduction is due to a re-allocation of funds to the ‘Re-Valuation Adjustment (Articles 75 & 115 of C.M.C.) item in the BdL balance sheet. Based on the BdL Central Council Decision No. 48/4/24, dated 02/15/2024, the official exchange rate of 89,500 LBP per dollar has been adopted in the BdL Balance sheet starting January 31st 2024.
    Start date
    Jan 2011
    End date
    May 2024
    Useful links
    www.bdl.gov.lb
    Tags
    other
    net
    items
    monthly
    banque du liban
    Suggested citation. Use of data is subject to Terms & Conditions
    Banque du Liban, Other Net Items, retrieved from BRITE;
    https://brite.blominvestbank.com/series/Other-Net-Items-3524/
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