Customs Authority foils attempt to smuggle over € 490,000 through Misrata airport
The Libyan Customs Authority reported yesterday that, in cooperation with the Internal Security Agency, it had foiled an attempt on ...
Tag: FX foreign currency exchange
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 ...
Dollar exchange rate falls to Libyan Dinar in black-market four days after end of deadline for withdrawal of old LD 5 and LD 20 notes
The US dollar foreign exchange (FX) rate fell to Libyan Dinar 6.94/dollar in Tripoli’s black-market today, four days after end ...
Granting licenses to official foreign exchange bureaux is a step toward eliminating FX black-market: Aldabaiba
The granting of licenses to official foreign exchange (FX) bureaux is a good step toward ensuring the existence of legal ...
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 ...
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 ...
Top Stories
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Julyana Free Zone Grain Silos project launched with participation of French, Belgian and Turkish companies – providing a strategic grain reserve for food security
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Tripoli Libyan government discusses strategic FDI projects with Gulf and US companies
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Renewable Energy Authority of Libya discusses cooperation in clean energy sector with Chinese Chargé d’affaires
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Libya’s total public debt valued at LD 270 billion, LIA’s assets valued at US$ 72.83 billion: Audit Bureau’s 2024 Annual Report
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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 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.