Mar 12 Sami Zaptia

Libya banned from importing US dollars since 2013, US$ 2bn for LCs from overseas deposits: CBL spokesperson

By Sami Zaptia.Libya has been banned from importing hard currency since 2013 and the US$ 2 bn will be covered by overseas reserves (Photo: Sami Zaptia...

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Mar 10 Sami Zaptia

CBL Beida to meet IMF in Tunis 14-15 March

By Sami Zaptia.The Beida-based CBL has announced that its Governor Ali Hibri will be meeting the IMF in Tunis 14-15 March (Photo: CBL Beida).London, 1...

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CBL to open LCs as black market dollar peaks at LD 4.50 today
Mar 9 Sami Zaptia

CBL to open LCs as black market dollar peaks at LD 4.50 today

By Sami ZaptiaLondon, 9 March 2016:The Tripoli-based Audit Bureau held a meeting in the capital today with various institutions including the Central...

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Mar 7 Sami Zaptia

CBL insists that it has resumed opening of LCs

By Sami Zaptia.The CBL insists LCs are available but within its new conditions released in January (Logo: CBL).London, 7 March 2016:The Central Bank o...

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Feb 22 Sami Zaptia

CBL confirms activation of foreign exchange monitoring system

By Sami Zaptia.The CBL has confirmed the operation of its new foreign exchange monitoring system (Photo: Sami Zaptia).London, 22 February 2016:The Cen...

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CBL meets businesses regarding its new regulations for opening LCs
Feb 10 Sami Zaptia

CBL meets businesses regarding its new regulations for opening LCs

By Sami Zaptia.London, 10 February 2016:The Central Bank of Libya (CBL) met with various business members and relevant organizations yesterday at its...

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CBL reduces annual hard currency transfer limit for individuals
Feb 10 Sami Zaptia

CBL reduces annual hard currency transfer limit for individuals

By Sami Zaptia.London, 10 February 2016:The Central Bank of Libya (CBL) announced today that it is reducing the annual hard currency transfer limit fo...

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Feb 7 Sami Zaptia

CBL to resume foreign currency supply to local banks

By Libya Herald reporter.The CBL has resumed the conditional supply of foreign currency to local banks (Logo: CBL).Tunis, 7 February 2016:The Central...

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Nov 12 Michel Cousins

Banks look to ease cash shortage

By Libya Herald reporter.Libyan dinar in short supply (File photo).Tripoli, 12 November 2015:In a move aimed at easing the cash shortage in Tripoli, t...

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Nov 6 Sami Zaptia

CBL deflects criticism of LD loss of value onto oil blockades

By Libya Herald reporter.The CBL is attempting to deflect criticism resulting from the sharp LD rise in FX (File photo).Tunis, 06 November 2015:The Tr...

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