Latest CBL figures show LD 8.3 billion surplus - but dollar spending deficit reaches US$ 6.7 billion
Nov 12 Sami Zaptia

Latest CBL figures show LD 8.3 billion surplus - but dollar spending deficit reaches US$ 6.7 billion

The Central Bank of Libya (CBL) published its monthly revenue and expenditure statement yesterday for the period January to October 2025. Libyan dina...

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Small business in Misrata condemn Economy Ministry’s decision to prohibit imports except by banking transactions
Oct 26 Sami Zaptia

Small business in Misrata condemn Economy Ministry’s decision to prohibit imports except by banking transactions

In a statement posted on social media by Misrata Chamber of Commerce, small and medium-sized enterprises (SMEs) and small traders affiliated to the Ch...

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Committee for Localisation of Oil Field Equipment invites local and international investors to manufacture oil materials and equipment locally
Oct 17 Sami Zaptia

Committee for Localisation of Oil Field Equipment invites local and international investors to manufacture oil materials and equipment locally

‎The Tripoli based Libyan Ministry of Industry and Minerals’ Committee for the Localisation of Oil Field Equipment (CLOFE) has invited all local...

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CBL stats until end of September 2025: Libya has LD 8.4 billion surplus but US$ 6 billion deficit
Oct 17 Sami Zaptia

CBL stats until end of September 2025: Libya has LD 8.4 billion surplus but US$ 6 billion deficit

According to the Central Bank of Libya (CBL) latest statistical bulletin published last Wednesday (15 October) on Libya’s revenues and expenditures fo...

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Dollar exchange rate falls to Libyan Dinar in black-market four days after end of deadline for withdrawal of old LD 5 and LD 20 notes
Oct 4 Sami Zaptia

Dollar exchange rate falls to Libyan Dinar in black-market four days after end of deadline for withdrawal of old LD 5 and LD 20 notes

The US dollar foreign exchange (FX) rate fell to Libyan Dinar 6.94/dollar in Tripoli’s black-market today, four days after end of the 30 September dea...

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Minister of Economy discusses regulating priorities of market needs and import budget
Aug 6 Sami Zaptia

Minister of Economy discusses regulating priorities of market needs and import budget

‎The Tripoli based Libyan Minister of Economy and Trade, Mohamed Al-Hwej, held a meeting at the Ministry's Tripoli office today, in the presence of th...

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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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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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