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 ...
Tag: FX foreign currency exchange
Ministry of Economy warns against currency speculation
The Tripoli based Libyan Ministry of Economy and Trade warned all in Libyan against currency speculation or buying foreign currencies ...
Tripoli PM Aldabaiba closes 25 embassies, suspends overseas education scholarships and limits overseas conference participation – as part of hard currency savings drive
As part of his drive to protect the foreign exchange value of the Libyan dinar, Tripoli based Libyan Prime Minister, ...
Aldabaiba calls for international stance against East’s uncontrolled spending
Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, met on Tuesday with the European Union Ambassador to Libya, Nicola Orlando, ...
CBL expresses distress over March’s low oil revenues – threatening fiscal sustainability
The Central Bank of Libya (CBL) expressed distress over March’s low oil revenues, threatening Libya’s fiscal sustainability. The alert came ...
CBL approves applications for 64 Foreign Exchange Bureaux
The Central Bank of Libya (CBL) announced today that it has approved 64 applications for the opening of Foreign Exchange ...
HoR Speaker Salah decree reduces FX sales surcharge from 20 to 15 percent
Ageela Saleh, Speaker of Libya’s eastern based parliament, the House of Representatives (HoR), passed a decree today (86/204) reducing the ...
CBL invites applicants who had previously obtained initial approval to establish FX bureaux to resubmit applications
The Central Bank of Libya (CBL) invited yesterday applicants who had previously obtained initial approval to establish foreign exchange bureaux ...
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 ...
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 ...
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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.