Economy Ministry requests CBL suspends US$ 130 million LCs for 85 companies for failing to import any cooking oil in 2025
The Tripoli based Ministry of Economy and Trade announced yesterday that it had requested that the Central Bank of Libya ...
Tag: CBL Central Bank of Libya
Wahda bank to introduce ‘‘Edei’’ – the first palm-scan payment service in Libya
Wahda Bank announced yesterday that it will be introducing soon "Edei", the first palm-scan payment service in Libya. It said ...
For the first time in 15 years, Libya receives international approval to import dollars in cash
The Central Bank of Libya (CBL) announced that it has received international approval to import US$ 600 million monthly in ...
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 ...
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 ...
Top Stories
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Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living
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PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes
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Is Libya’s judicial system on the verge of splitting?
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Libyan Embassy in Paris discusses French delegation visit to Libya and starting direct flights
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NDA launches construction of Sebha’s Rose Palace Hotel – implemented by Turkey’s Nova Global company
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.