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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Economy Minister relents to protests; orders release of goods held in ports
Mar 11 Sami Zaptia

Economy Minister relents to protests; orders release of goods held in ports

The Tripoli based Libyan Minister of Economy and Trade, Mohamed Al-Hwej, today relented to protests by businesses through the various chambers of comm...

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Acting Economy Minister meets smaller merchants objecting to restricting imports to official banking transactions
Jan 8 Sami Zaptia

Acting Economy Minister meets smaller merchants objecting to restricting imports to official banking transactions

The Acting Minister of Economy and Trade, Suhail Abu Shiha, met with the committee formed by merchants yesterday at the Ministry’s headquarters, to di...

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May 14 Sami Zaptia

Dollar drops to below four-dinar rate as demand falls

By Sami Zaptia.The black market dollar exchange rate fell below the psychological LD 4 mark last week.London, 14 May 2016:The black market dollar exch...

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