Sep 21 Sami Zaptia

Harmonized System (HS) codes must be used for Libyan imports as of October

By Libya Herald reporter.Libyan importers must use the Harmonized System (HS) codes as of October (file photo).Malta, 21 September 2015:The Tripoli-ba...

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Tripoli currency traders arrested as black market closes
Aug 31 Michel Cousins

Tripoli currency traders arrested as black market closes

By Libya Herald staff. Dollars being exchanged for dinars in Tripoli (Photo: Social media)Tripoli, 31 August 2015:The Tripoli currency black market, t...

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Aug 29 Michel Cousins

Dinar plummets on black market

By Libya Herald staff. The  slide in the LD black market exchange rate continues (Photo: Sami Zaptia)Tripoli/Tunis, 29 August 2015:The Libyan dinar ha...

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Aug 27 Nigel Ash

CBL launches crackdown on FX credit card fraud

By Saber Ayyub.  The CBL wants to crack down on credit card fraud (File photo)Tripoli, 27 August 2015:Libyan bank executives were summoned to the Cent...

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Aug 17 Sami Zaptia

CBL creates banking compliance unit

By Libya Herald reporter.The CBL has announced that it has created a banking compliance unit (Photo: CBL).Tripoli, 17 August 2015:The Central Bank of...

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Mastercard debit card launched by Gumhouriya bank
Aug 9 Sami Zaptia

Mastercard debit card launched by Gumhouriya bank

By Libya Herald reporter.Tunis, 9 August 2015:Gumhouriya bank has launched a Mastercard debit card which can be used at its ATMs.The new service was l...

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Aug 6 Sami Zaptia

Audit Bureau suspends 79 companies & individuals suspected of questionable foreign currency transfers

By Libya Herald reporterTunis, 6 August 2015:The Tripoli-based Audit Bureau has frozen the bank accounts of a total of 79 Libyan and foreign companies...

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Jul 15 Sami Zaptia

CBL: LD 3 bn in FX smuggling, money laundering - accuses local banks of corruption

By Libya Herald reporter.The CBL denies responsibility for spike in black market FX rate (Photo: CBL).Tripoli, 15 July 2015: The Central Bank of Libya...

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Mar 3 Sami Zaptia

Libyan Industry Union discusses effects of foreign exchange shortage on economy

By Libya Herald reporter.The Libyan Industrial Union held a meeting on current problems of the Libyan economy (Logo: LIU)Tunis, 3 March 2015:The Libya...

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Jan 15 Newsdesk1

Mecca moneychangers reject Libyan dinar

By Libya Herald staff.Tripoli, 15 January 2015:Saudi currency dealers in Mecca are reported to be refusing to accept the Libyan dinar because of the p...

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