CBL launches Certificates of Deposits worth LD 15 billion - from October to December 2025
Sep 27 Sami Zaptia

CBL launches Certificates of Deposits worth LD 15 billion - from October to December 2025

The Central Bank of Libya (CBL) announced last Thursday (25 September) the launch of Certificates of Deposit worth 15 billion dinars, starting from Oc...

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CBL to bring FX rate of dinar to less than LD 7 per US$: CBL Governor Issa
Aug 4 Sami Zaptia

CBL to bring FX rate of dinar to less than LD 7 per US$: CBL Governor Issa

The Central Bank of Libya (CBL) will use all its capabilities to bring the foreign exchange (FX) rate of the Libyan dinar (LD) to below LD 7 per US$....

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CBL grants licenses to 52 new FX bureaux – bringing total to 187
Jul 29 Sami Zaptia

CBL grants licenses to 52 new FX bureaux – bringing total to 187

‎In accordance with the Central Bank of Libya's plan to activate the role of Foreign Exchange Bureaux and FX companies, and in follow-up to the previo...

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CBL orders government entities from 1 August to receive payment for services from citizens electronically
Jul 16 Sami Zaptia

CBL orders government entities from 1 August to receive payment for services from citizens electronically

‎In a widely leaked Central Bank of Libya (CBL) circular published Monday (14 July) on Libyan Arabic media sites, the Governor of the Central Bank of...

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CBL demands imports are conducted through official banking instruments and the elimination of the FX black market
Jul 1 Sami Zaptia

CBL demands imports are conducted through official banking instruments and the elimination of the FX black market

In a series of letters leaked by credible Libyan media sites, the Central Bank of Libya (CBL) continues its efforts to positively affect the Libyan ec...

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Ministry of Economy warns against currency speculation
Jul 1 Sami Zaptia

Ministry of Economy warns against currency speculation

The Tripoli based Libyan Ministry of Economy and Trade warned all in Libyan against currency speculation or buying foreign currencies for non-producti...

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Libya's economic reality: limited resources, liquidity challenges, inflation, and need for monetary base restructuring - Husni Bey
Jun 15 Sami Zaptia

Libya's economic reality: limited resources, liquidity challenges, inflation, and need for monetary base restructuring - Husni Bey

Leading Libyan businessman Husni Bey told Libya Herald that the economic reality in Libya is limited resources, liquidity challenges, inflation, and t...

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Libya’s financial stability hinges on disciplined fiscal management and strategic investment: Husni Bey
Jun 8 Sami Zaptia

Libya’s financial stability hinges on disciplined fiscal management and strategic investment: Husni Bey

In an economic report analysing public spending, inflation, and currency stability in Libya, leading businessman Husni Bey concluded that Libya’s fina...

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Tripoli PM Aldabaiba closes 25 embassies, suspends overseas education scholarships and limits overseas conference participation - as part of hard currency savings drive
May 1 Sami Zaptia

Tripoli PM Aldabaiba closes 25 embassies, suspends overseas education scholarships and limits overseas conference participation - as part of hard currency savings drive

As part of his drive to protect the foreign exchange value of the Libyan dinar, Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, is reducin...

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CBL sets 7 percent profit margin for official FX Bureaux
Apr 21 Sami Zaptia

CBL sets 7 percent profit margin for official FX Bureaux

The Central Bank of Libya (CBL) has issued a circular permitting licensed foreign exchange (FX) bureaux to sell foreign exchange at a profit margin of...

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