Breakthrough expected in LD-dollar FX market: Central Bank launches comprehensive cash sales plan and distributes US$ 1 billion to banks
Apr 14 Sami Zaptia

Breakthrough expected in LD-dollar FX market: Central Bank launches comprehensive cash sales plan and distributes US$ 1 billion to banks

The Central Bank of Libya (CBL) announced a comprehensive package of new measures to regulate the foreign exchange market, ahead of an expanded meetin...

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CBL continues briefings to talk up the dinar – vows to inject US$ 1.5 billion and bring dinar down to the LD 6.90 mark
Apr 6 Sami Zaptia

CBL continues briefings to talk up the dinar – vows to inject US$ 1.5 billion and bring dinar down to the LD 6.90 mark

The Libyan dinar gained value at close of business tonight on the black-market foreign exchange to about LD 8.33 per dollar, up from yesterday’s LD 8....

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HSC’s proposals to reform Libya’s economy include abolishing proposed taxes, suspending development spending, prioritising imports, monitoring LCs
Feb 25 Sami Zaptia

HSC’s proposals to reform Libya’s economy include abolishing proposed taxes, suspending development spending, prioritising imports, monitoring LCs

In a session held yesterday, the High State Council (HSC) proposed the following measures to address Libya’s economic crisis: - The Central Bank of L...

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As the dollar breaks the LD 10.50 mark, Aldabaiba attempts to deflect blame squarely onto Hafter for Libya’s runaway economic crisis
Feb 24 Sami Zaptia

As the dollar breaks the LD 10.50 mark, Aldabaiba attempts to deflect blame squarely onto Hafter for Libya’s runaway economic crisis

With the black-market foreign exchange rate plunging the Libyan dinar to over the LD 10.50 to the US dollar yesterday, Tripoli based Libyan Prime Mini...

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107 HoR members state that they have not issued the decision to impose new import taxes
Feb 24 Sami Zaptia

107 HoR members state that they have not issued the decision to impose new import taxes

In a statement released yesterday, 107 members of the House of Representatives (HoR) affirmed that the House (in its entirety), as the competent legis...

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CBL first 2025 issue Certificates of Deposit achieve a 10.87 percent return – exceeding expectations
Feb 13 Sami Zaptia

CBL first 2025 issue Certificates of Deposit achieve a 10.87 percent return – exceeding expectations

The Central Bank of Libya (CBL) announced yesterday that the profits achieved from investment and speculation in the ‘‘Absolute Speculative’’ Mudaraba...

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Ministry of Economy warns animal feed importers who had obtained LC to justify pricing structure and prove market availability of their imports
Feb 7 Sami Zaptia

Ministry of Economy warns animal feed importers who had obtained LC to justify pricing structure and prove market availability of their imports

The Tripoli based Libyan Ministry of Economy and Trade issued a final warning last Thursday (5 February) to all animal feed suppliers holding letters...

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Economy Ministry prohibits commodity pricing based on the black-market exchange rate
Feb 6 Sami Zaptia

Economy Ministry prohibits commodity pricing based on the black-market exchange rate

The Tripoli based Libyan Minister of Economy and Trade issued Decision No. (51) of 2026 regarding commodity pricing. The decree prohibits the pricing...

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Economy Ministry requests CBL suspends US$ 130 million LCs for 85 companies for failing to import any cooking oil in 2025
Feb 3 Michel Cousins

Economy Ministry requests CBL suspends US$ 130 million LCs for 85 companies for failing to import any cooking oil in 2025

The Tripoli based Ministry of Economy and Trade announced yesterday that it had requested that the Central Bank of Libya (CBL) suspend 85 import compa...

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e-payment transactions for 2025 increased by 186 percent to LD 389 billion: CBL
Jan 20 Sami Zaptia

e-payment transactions for 2025 increased by 186 percent to LD 389 billion: CBL

In its latest routine statistical bulletin, the Central Bank of Libya (CBL) revealed that the volume of transactions using e-payment methods increased...

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