The Lebanese financial sector’s net foreign assets widened by $784.6 million in September 2021 in comparison with a contraction of $592.8 million in August and an expansion of $38.7 million in July. September’s figure can be attributed to a $724.2 million expansion in the net foreign assets of the Central Bank owing to the transfer of proceeds of the Special Drawing Rights (SDRs) for Lebanon from the International Monetary Fund, coupled with the $60.5 million rise in the net foreign assets of banks & financial institutions. On a cumulative basis, however, the financial sector’s net foreign assets fell by $1.58 billion during the first nine months of 2021, in comparison with a $9.61 billion drop in the same period in 2020. Said contraction owes to some $3.72 billion drop in the net foreign assets of the Central Bank which totally wiped out the $2.14 billion increase in the net foreign assets of banks & financial institutions.