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 ...
Tag: FX foreign currency exchange
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 ...
Libyan dinar gains value as economic reforms take effect
By Sami Zaptia. The Libyan dinar has gained sharply in value against hard currencies as a result of the Faiez ...
Serraj PC/GNA sets currency tax at 183 percent, devalues dinar to LD 3.90 per dollar
By Sami Zaptia. The Faiez Serraj-led PC/GNA has effectively devalued the Libyan dinar by adding a 183 percent levy on ...
Long promised economic reforms agreed
By Sami Zaptia. Libya's long-awaited economic reforms were agreed and announced yesterday (Photo: PC). Dusseldorf, 13 September 2018: Libya's long ...
Libyan dinar surges to 4.80 against the dollar – a black-market trader’s view
By Sami Zaptia. The black market dollar exchange rate fell to the LD 4.80 mark yesterday, a record gain for ...
Tripoli Audit Bureau head Shakshak blames CBL and Serraj PC for financial woes
By Sami Zaptia. Khaled Shakshak the head of the Tripoli-based Audit Bureau (Photo: Libya Rasmiya Channel) London, 17 November 2017: ...
Libya’s Union of Chambers of Commerce calls on Presidency Council, the Central Bank of Libya and Audit Bureau to take steps to save Libyan economy
By Sami Zaptia. The Libyan General Union of Chambers of Commerce and Industry has called upon the Libyan authorities to ...
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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NOC reduces gas flaring by more than 100 million cubic feet per day through five strategic projects
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.