Central Bank
The country's annual inflation rate rose from 68.5 percent in March to 69.8 percent in April
Lebanon's banking sector continues to struggle with providing credit to the economy
Traders are currently pricing in a 73 percent chance of an interest rate cut in November
Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel
Strong demand seen from the eight primary dealers for both the 3-year and 5-year tranches of the sukuk
Gold prices held above the $2,400 key level ahead of potential interest rate cuts later this year
Brent crude oil futures expiring in July slid 0.6 percent to $82.40 per barrel
Brent crude futures fell 44 cents, or 0.53 percent, to $83.27 a barrel
UAE's oil GDP is also expected to expand this year as OPEC+ output cuts ease
MoF stated that this surplus was directed towards reducing public debt, and therefore there was no cash surplus
The dollar index maintained its downward trend, declining 0.03 percent on Monday
