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by Executive Editors

BDL foreign assets jump Foreign assets at Banque du Liban (BDL), Lebanon’s Central Bank, grew 6 percent from the start of 2010 to the middle of July to reach $30.7 billion, showing a $370 million rise in the first half of July alone. Total assets of the Central Bank  also increased by 6 percent in the same period, to reach $58.23 billion. According to BLOMINVEST, this rise in total assets can largely be attributed to the increasing value of gold, brought on by a rush of wary investors looking for safe bets in light of the European debt crisis. Gold reserves at the Central Bank grew 10 percent from the beginning of 2010 to mid-July, with 1.68 percent of the growth occurring in July alone. Lebanon’s gold reserves are currently worth approximately $11.5 billion. AUDI set to grow In continuing to spread its reach outside Lebanon, Bank Audi will be

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