CBL Governor unveils package of measures to support dinar, regulate foreign exchange market, and inject $1.5 billion
Apr 8 Sami Zaptia

CBL Governor unveils package of measures to support dinar, regulate foreign exchange market, and inject $1.5 billion

A source has informed Libya Herald that Central Bank of Libya (CBL) Governor Naji Issa revealed a package of new economic and monetary measures aimed...

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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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National Housing and Real Estate Development Programme opens registration for construction companies to implement new and stalled projects
Apr 5 Sami Zaptia

National Housing and Real Estate Development Programme opens registration for construction companies to implement new and stalled projects

The Tripoli based Libyan government announced yesterday that its National Housing and Real Estate Development Programme (NHRDP) has announced the open...

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Libyan dinar will be down to LD 7.90 before mid-April: CBL briefing
Apr 5 Sami Zaptia

Libyan dinar will be down to LD 7.90 before mid-April: CBL briefing

In its continued efforts to drive down the black-market exchange rate of the Libyan dinar against major currencies, led by the US dollar, the CBL has...

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US stresses importance of fully implementing its brokered Unified Development Programme agreement and establishing a unified budget
Mar 26 Sami Zaptia

US stresses importance of fully implementing its brokered Unified Development Programme agreement and establishing a unified budget

The US stressed the importance of the two Libyan western and eastern authorities implementing the unified development spending programme agreement, it...

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CBL leaks to local media: New currency arriving - Intention to pump US$ 2.5 in market on 1 April
Mar 25 Sami Zaptia

CBL leaks to local media: New currency arriving - Intention to pump US$ 2.5 in market on 1 April

The Central Bank of Libya (CBL) has been engaged in a media briefing campaign in an attempt to frighten black-market foreign currency traders into low...

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HoR Speaker Saleh cancels new import tax having previously claimed he had never agreed such a tax. Is Saleh’s position weakening? Report and analysis
Mar 13 Sami Zaptia

HoR Speaker Saleh cancels new import tax having previously claimed he had never agreed such a tax. Is Saleh’s position weakening? Report and analysis

Several reliable Arabic language Libyan media sites reported last Wednesday (11 March) that the Speaker of the House of Representatives (HoR), Ageela...

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HoR unofficial meeting proposes a new reform Roadmap to elect new leadership and amend internal regulations
Mar 11 Sami Zaptia

HoR unofficial meeting proposes a new reform Roadmap to elect new leadership and amend internal regulations

About 40 members of the House of Representatives (HoR) held an unofficial meeting at the HoR’s Benghazi headquarters yesterday after which they declar...

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CBL discusses with Libya’s Telecoms Holding Company increasing the use of e-payments - including integrating illegal migrants
Mar 10 Sami Zaptia

CBL discusses with Libya’s Telecoms Holding Company increasing the use of e-payments - including integrating illegal migrants

The Central Bank of Libya (CBL) discussed increasing e-payments with Libya’s Telecoms Holding Company LPTIC. The discussions came during a meeting ho...

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Saleh refutes responsibility for passing new import tax – blames his Deputy Doma
Mar 4 Sami Zaptia

Saleh refutes responsibility for passing new import tax – blames his Deputy Doma

Libya's parliamentary leaders are queuing up to distance themselves from the newly introduced and extremely unpopular import tax. The Speaker of Liby...

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