CBL’s role in granting LCs is limited – does not include assessing Libya’s economic needs
The Central Bank of Libya (CBL) issued a clarification statement yesterday regarding documentary credit procedures, emphasizing that its role and ...
Tag: CBL Central Bank of Libya
e-payment transactions for 2025 increased by 186 percent to LD 389 billion: CBL
In its latest routine statistical bulletin, the Central Bank of Libya (CBL) revealed that the volume of transactions using e-payment ...
CBL latest stats show a balanced LD budget for all of 2025 but a hard currency deficit of US$ 9 billion
In its routine statistical bulletin summarising 2025, the Central Bank of Libya (CBL) announces yesterday that Libya’s total revenues totalled ...
Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports
Tripoli based Libyan Minister of Economy Mohammed Al-Hwej, in an exclusive live interview yesterday with the Istanbul-based Libyan satellite TV ...
CBL devalues LD by 14.7% from approximately LD 5.43/dollar to about LD 6.36/dollar
The Central Bank of Libya announced today that it has devalued the Libyan dinar by 14.7 percent from approximately LD ...
Dollar breaks LD 9 mark on black-market for first time since December 2017
The US dollar broke the LD 9 mark on the black-market foreign exchange yesterday for the first time since December ...
CBL holds meeting with new FX Bureaux to organise their imminent operation – confirmed actual activation and testing of their systems would begin this month
The Central Bank of Libya (CBL) held an expanded meeting with recently approved foreign exchange bureaux and companies last Thursday ...
Central Bank of Libya’s reserves increased by US$ 3 billion in 2024: Audit Bureau 2024 report
According to the Audit Bureau’s Annual Report for 2024 published yesterday, the Central Bank of Libya’s reserves reached 409 billion ...
CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems
The Governor of the Central Bank of Libya (CBL), Naji Issa, has authorised banks, exchange companies, and offices to begin ...
CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system
The Governor of the Central Bank of Libya, Naji Issa, has sent several letters, widely leaked today to Arabic-language Libyan ...
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The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.