M3 Recorded $65.09 Billion as of August 13, 2026

M3 Recorded $65.09 Billion as of August 13, 2026

($B)13-Aug-2506-Aug-2613-Aug-26% Weekly Change% YOY Change% YTD Change
M 11.241.0061.018               0.012-17.88%-17.98%
M 21.651.4501.472               0.021-10.88%-9.75%
M 368.6165.1665.09             (0.069)-5.13%-3.04%
M 468.6765.2065.14             (0.069)-5.15%-3.05%

BDL’s latest statistics on money supply revealed that Broad Money (M3) decreased by LBP 6,140.48 billion to stand at LBP 5,825,560 billion ($65.09 billion) by the week ending August 13th, 2026. As such, M3 decreased by 5.13% year-over-year (YOY) and by 3.04% year to date (YTD).

M1 expanded by LBP 1,092.16 billion during the week of 7 to 13 August 2026, due to an increase in demand deposits of LBP 1,766.17 billion and a decrease in currency in circulation of LBP 674.01 billion.

In turn, total deposits (excluding Demand deposits) dropped by LBP 7,232.64 billion ($80.81 million), due to deposits denominated in foreign currencies declining by USD 90.02 million compared to the previous week, despite an increase in term and saving deposits in LBP, by LBP 824.45 billion during the week.

As such, the rate of broad money dollarization decreased slightly from 97.774% in the week ending August 6th, 2026 to 97.739% in the week ending August 13th, 2026.

Looking at interest rates, the average rate on deposits in LBP at commercial banks increased from 1.93% in April 2025 to 3.99% in April 2026. Meanwhile, the average rate on deposits in USD at commercial banks increased from 0.04% to 0.11% between April 2025 and April 2026. In turn, the average lending rate in LBP and USD at commercial banks rose in both currencies: LBP loans rates increased to 8.43% from 7.35% a year earlier, while USD loans rates increased to 4.13% from 3.69%.

Analytically, the money supply M3 can be derived from combining the balance sheet of BDL with the balance sheet of banks to arrive at the monetary survey of the banking system. The resulting M3 would be equal to the sum of: net foreign assets (NFA), credit to the private sector (CPS), net credit to the public sector (NCPS), and other items net (OIN). Latest data show that in April 2026, M3 stood at LBP 5,925,178 billion versus LBP 6,212,858.5 billion in April 2025; NFA were LBP 3,598,078 billion compared to LBP 2,327,864.5 billion in April 2025; CPS was LBP 510,825.3 billion compared to LBP 505,232.5 billion in April 2025; NCPS was LBP 2,419,987.2 billion compared to LBP 3,936,710 billion in April 2025; and OIN were negative LBP 603,712.8 billion compared to negative LBP 556,948.4 billion in April 2025.

Source: BDL; MoF

Related post