Tuesday, November 6, 2018

Lira-dollar margin widens by 1.15 to three percent. Interest rates difference widest since 2005


The margin between the weighted average interest rate on lira deposits and that paid on dollar deposits widened by 1.15 percentage points to 3.03 percent in September, compared with a year earlier.

The margin paid on lira deposits vis-à-vis dollar deposits averaged 2.44 percent since 2011, according to the 'Lebanon Economic Monitor' report recently issued by The World Bank (WB).

The weighted average interest rate on lira deposits increased by 1.86 percent over the period of ...

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