All monetary aggregates ended the week of July 16, 2026 on a negative note. In fact, the overall money supply, “M4”, narrowed by LBP 10,298.11 billion on a weekly basis to LBP 5,839.41 trillion, noting that the non-banking sector’s Treasury bills portfolio decreased by LBP 13.77 billion during the concerned week.

In parallel, Lebanese-Pound denominated deposits and currency in circulation, “M1”, fell by LBP 1,479.79 billion week-on-week to LBP 91,927 billion on the back of the LBP 990.72 billion decrease in currency in circulation coupled with the LBP 489.07 billion drop in demand deposits. Local currency term deposits, “M2”, also fell by LBP 1,019.85 billion on a weekly basis to settle at LBP 131,954 billion.

Consequently, private sector term and saving deposits denominated in LBP (“M2-M1”) widened by LBP 459.94 billion (1.16%) to LBP 40,027 billion during the week of July 16 while deposits denominated in foreign currencies (“M3-M2”) sank by LBP 9,264.49 billion (0.16%) to LBP 5,703.40 trillion.