CBL leaks to local media: New currency arriving – Intention to pump US$ 2.5 in market on 1 April
The Central Bank of Libya (CBL) has been engaged in a media briefing campaign in an attempt to frighten black-market ...
Tag: foreign exchange black-market parallel market
As the dollar breaks the LD 10.50 mark, Aldabaiba attempts to deflect blame squarely onto Hafter for Libya’s runaway economic crisis
With the black-market foreign exchange rate plunging the Libyan dinar to over the LD 10.50 to the US dollar yesterday, ...
107 HoR members state that they have not issued the decision to impose new import taxes
In a statement released yesterday, 107 members of the House of Representatives (HoR) affirmed that the House (in its entirety), ...
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 issues new licenses to another 91 FX Bureaux – but no announcement of when they may start trading as the LD plunges to 8.17 per dollar
The Central Bank of Libya (CBL) announced today the granting of new final practice permits to 91 companies and foreign ...
CBL comes in for more criticism from Grand Mufti – accuses it of usury
As the exchange rate for the Libyan dinar reaches 7.79 against the US dollar in the black-market, making a mockery ...
CBL announces that first ‘‘Absolute Speculative’’ Certificates of Deposit will be issued to banks from 12 October
The Central Bank of Libya (CBL) announced today that its planned ‘‘Absolute Speculative (Mudaraba)’’ Certificates of Deposit will be issued ...
CBL to bring FX rate of dinar to less than LD 7 per US$: CBL Governor Issa
The Central Bank of Libya (CBL) will use all its capabilities to bring the foreign exchange (FX) rate of the ...
CBL grants licenses to 52 new FX bureaux – bringing total to 187
In accordance with the Central Bank of Libya's plan to activate the role of Foreign Exchange Bureaux and FX companies, ...
As the Libyan diner plunges in value above the LD 8 per US$ – 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 ...
Top Stories
-
Damaged and drifting Russian gas tanker under control – being tugged away to sea by Libyan efforts
-
PM Aldabaiba reopens Tripoli Zoo after a 17-year closure: a symbolic turnaround for the Zoo – from a militia military base back to a leading recreation destination
-
Production at the Sharara field continues despite pipeline fire – production diverted via other pipelines: NOC
-
LPTIC Chairman tours Tripoli International Airport – emphasises need to accelerate pace of completion of telecoms work
-
BREAKING: Eni announces new offshore gas discoveries in Libya of more than 1 trillion cubic feet – gas to supply Libyan domestic market and for export to Italy
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.