CBL to bring FX rate of dinar to less than LD 7 per US$: CBL Governor Issa
The Central Bank of Libya (CBL) will use all its capabilities to bring the foreign exchange (FX) rate of the ...
Tag: foreign exchange black-market parallel market
CBL grants licenses to 52 new FX bureaux – bringing total to 187
In accordance with the Central Bank of Libya's plan to activate the role of Foreign Exchange Bureaux and FX companies, ...
As the Libyan diner plunges in value above the LD 8 per US$ – CBL reveals causes and planned countermeasures
As the Libyan dinar plunges beyond the LD 8 per US$ mark, causing much alarm in Libya, an undisclosed ‘‘official ...
CBL demands imports are conducted through official banking instruments and the elimination of the FX black market
In a series of letters leaked by credible Libyan media sites, the Central Bank of Libya (CBL) continues its efforts ...
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 ...
Central Bank of Libya permits issuance of certificates of deposit
The Central Bank of Libya issued instructions yesterday to Libyan commercial banks to begin issuing certificates of deposit. It is ...
Economy Minister relents to protests; orders release of goods held in ports
The Tripoli based Libyan Minister of Economy and Trade, Mohamed Al-Hwej, today relented to protests by businesses through the various ...
Misrata Chamber to hold protest in front of the CBL to ‘‘escalate the situation’’ regarding unfair monetary policy and policy neglect
Misrata Chamber of Commerce held a meeting today its headquarters headed by its chairman, Fathi Al-Amin Al-Turki with several Misrata ...
Libyan dinar falls to 6.27 per dollar, recovers to 5.61 today
The Libyan dinar recovered some of its value in the black/parallel market against the major hard currencies Wednesday after steady ...
Op-Ed: Libya at war: “FX Surcharges Vs Petrodollars” – the reality
By Husni Bey. (Photo: Sami Zaptia). Milan, 28 January 2020: The dominant call by all participants at the Berlin Libya ...
Top Stories
-
General Authority for Communications and Informatics suspends activities of China’s Huawei in Libya for violating national and international laws
-
New Libyan artificial intelligence system ‘‘LIBIGPT’’ to be launched soon
-
Lufthansa to act as consultant for proposed new Libyan state airliner
-
NESR secures multiple production services contracts for over US$ 100 million in Algeria and Libya
-
CBL Governor Issa vows to end Libya’s liquidity crisis by 1 October
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.