News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
20
o
Bekaa
20
o
Keserwan
21
o
Metn
21
o
Mount Lebanon
17
o
North
21
o
South
20
o
Live
Video
Audio
Schedule
shows
العربية
watching now
2:30pm news
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
20
o
Bekaa
20
o
Keserwan
21
o
Metn
21
o
Mount Lebanon
17
o
North
21
o
South
20
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Sports
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Economic strain: BDL reserves drop amid ongoing war
News Bulletin Reports
14-11-2024 | 14:25
High views
Share
Share
2
min
Economic strain: BDL reserves drop amid ongoing war
Report by Theresia Rahme, English Adaptation by Yasmine Jaroudi
The Banque du Liban (BDL) reserves, which previously stood at $1.7 billion above the baseline due to reduced local currency circulation and tighter control over the Lebanese lira, have experienced a significant decline.
As of today, the reserves are reported to have fallen to $10.3 billion.
According to LBCI's sources, the decline is estimated to range between $300 million and $400 million. This drop is attributed to large withdrawals related to Circulars 158 and 166 and the payment of public sector salaries in October.
The report comes in the wake of a Bloomberg article highlighting concerns over the shrinking reserves, particularly in light of Lebanon's $5 billion debt in unpaid Eurobonds. Bloomberg warned that the ongoing war could further deplete Lebanon's remaining reserves.
However, LBCI's sources indicated that the reserve decline may not persist into November despite the continued impact of doubling the withdrawal process outlined in the circulars above.
The expected stabilization comes as dollars are beginning to flow back into BDL, following a near-total halt in market activity at the onset of the war.
Lebanon News
Lebanon Economy
News Bulletin Reports
Economic
Strain
BDL
Reserves
Decline
War
Next
Israeli army plans to reinforce border with Lebanon, prepares for withdrawal from Western sector
Recommended For You
d-none hideMe
0
News Bulletin Reports
13:20
Key questions loom ahead of US envoy Morgan Ortagus' Beirut visit: Will Hezbollah's disarmament be discussed?
News Bulletin Reports
13:20
Key questions loom ahead of US envoy Morgan Ortagus' Beirut visit: Will Hezbollah's disarmament be discussed?
0
News Bulletin Reports
13:13
Council for Development and Reconstruction: Lebanon's rebuilding efforts and the rise of unchecked power
News Bulletin Reports
13:13
Council for Development and Reconstruction: Lebanon's rebuilding efforts and the rise of unchecked power
0
News Bulletin Reports
13:08
Lebanon hit with new US tariffs: Will it affect trade?
News Bulletin Reports
13:08
Lebanon hit with new US tariffs: Will it affect trade?
0
News Bulletin Reports
13:04
Israel strikes Syria despite regime's assurances, sends warning to Turkey — The details
News Bulletin Reports
13:04
Israel strikes Syria despite regime's assurances, sends warning to Turkey — The details
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
News Bulletin Reports
2025-03-31
Israeli security agencies propose three options for response if Lebanon is used to launch new missile attacks
News Bulletin Reports
2025-03-31
Israeli security agencies propose three options for response if Lebanon is used to launch new missile attacks
0
Middle East News
2025-02-26
Israel's warplanes strike south of Damascus
Middle East News
2025-02-26
Israel's warplanes strike south of Damascus
0
Lebanon News
2025-02-26
MP Nabil Badr: We could have supported the government if a different formation mechanism had been adopted
Lebanon News
2025-02-26
MP Nabil Badr: We could have supported the government if a different formation mechanism had been adopted
0
Lebanon News
2025-01-29
US Congress members send letter urging Lebanon's leaders to enact reforms and counter Hezbollah’s influence
Lebanon News
2025-01-29
US Congress members send letter urging Lebanon's leaders to enact reforms and counter Hezbollah’s influence
Videos
d-none hideMe
0
Lebanon News
2025-03-23
LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light
Lebanon News
2025-03-23
LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light
0
Middle East News
2025-03-19
Israeli official urges international support for Lebanese government and army
Middle East News
2025-03-19
Israeli official urges international support for Lebanese government and army
0
Lebanon News
2025-02-23
Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral
Lebanon News
2025-02-23
Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral
0
Lebanon News
2025-02-23
Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)
Lebanon News
2025-02-23
Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)
0
Lebanon News
2025-02-23
Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)
Lebanon News
2025-02-23
Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)
0
Lebanon News
2025-02-14
Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events
Lebanon News
2025-02-14
Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events
0
Lebanon News
2025-02-13
Saad Hariri holds series of diplomatic and religious meetings in Beirut
Lebanon News
2025-02-13
Saad Hariri holds series of diplomatic and religious meetings in Beirut
0
Lebanon News
2025-02-13
LBCI monitors removal of barriers and barbed wire in Downtown Beirut
Lebanon News
2025-02-13
LBCI monitors removal of barriers and barbed wire in Downtown Beirut
0
Lebanon News
2025-02-10
Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)
Lebanon News
2025-02-10
Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)
Most read
d-none hideMe
24 hours
7 days
Month
1
News Bulletin Reports
13:08
Lebanon hit with new US tariffs: Will it affect trade?
News Bulletin Reports
13:08
Lebanon hit with new US tariffs: Will it affect trade?
2
News Bulletin Reports
13:20
Key questions loom ahead of US envoy Morgan Ortagus' Beirut visit: Will Hezbollah's disarmament be discussed?
News Bulletin Reports
13:20
Key questions loom ahead of US envoy Morgan Ortagus' Beirut visit: Will Hezbollah's disarmament be discussed?
3
Lebanon News
10:31
Israel targets alleged Hezbollah member in southern Lebanon, army spokesperson claims
Lebanon News
10:31
Israel targets alleged Hezbollah member in southern Lebanon, army spokesperson claims
4
Lebanon News
12:22
Hezbollah urges regional unity against ongoing conflicts in the Middle East — statement
Lebanon News
12:22
Hezbollah urges regional unity against ongoing conflicts in the Middle East — statement
5
Lebanon News
13:18
French ruling lifts asset freezes on former central bank governor Riad Salameh
Lebanon News
13:18
French ruling lifts asset freezes on former central bank governor Riad Salameh
6
Lebanon News
11:22
Lebanon issues decrees on new security appointments — the details
Lebanon News
11:22
Lebanon issues decrees on new security appointments — the details
7
Lebanon News
10:13
Lebanon declares public holidays for Good Friday and Easter Monday
Lebanon News
10:13
Lebanon declares public holidays for Good Friday and Easter Monday
8
Middle East News
13:59
Israeli strikes target two military sites near Damascus: Monitor
Middle East News
13:59
Israeli strikes target two military sites near Damascus: Monitor
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More