Réserves

The Ongoing Gold Rush

Gold prices continue to soar, drawing increased interest from investors and central banks worldwide. Since January 2025, the price of an ounce of gold has surged by 12%, fueling a surge in demand for the precious metal. This surge is driven by President Donald Trump’s protectionist policies and his pledge of “the mother of all trade ...

BDL’s Gold: An Untouchable Treasure or a Last Resort?

Following the government’s policy statement and the president’s inaugural speech, it is clear that a new momentum is emerging to address the pending economic issues. Controversial proposals are emerging, notably the idea of using Lebanon's Central Bank gold reserves (BDL) to partially bridge the financial deficit. However, it is evident that ...

All Eyes on Central Bank’s Reserves

Political pressure from the Amal-Hezbollah duo on the government is mounting, driven by rising complaints among the displaced population and the decrease in international aid. Faced with limited options, Lebanon is now in a state of voluntary default. All eyes are set on the foreign currency reserves of Lebanon’s central bank (BDL) and the ...