CBL Governor Elkaber accuses six previous Libyan governments of useless economic policies and of scapegoating the CBL
By Sami Zaptia. London, 14 April 2017: In an unprecedented attack on all the previous six governments he had served ...
Tag: FX foreign currency exchange
Customs duty of 100 percent to be imposed on imports – to solve liquidity and economic problems
By Sami Zaptia. The Serraj-led PC/GNA is to impose a 100 percent customs duty on almost all imports in an ...
Haithem Tajouri named in UN report for financial fraud and human rights infringements
By Sami Zaptia. Head of the Tripoli Revolutionaries Brigade militias, Haitham Tajouri, is named in a UN report for financial ...
Libya banned from importing US dollars since 2013, US$ 2bn for LCs from overseas deposits: CBL spokesperson
By Sami Zaptia. Libya has been banned from importing hard currency since 2013 and the US$ 2 bn will be ...
CBL to open LCs as black market dollar peaks at LD 4.50 today
By Sami Zaptia A rare sighting of Tripoli's CBL Governor Saddek Elkaber in the capital at the Audit Bureau meeting today. Elkaber, ...
CBL confirms activation of foreign exchange monitoring system
By Sami Zaptia. The CBL has confirmed the operation of its new foreign exchange monitoring system (Photo: Sami Zaptia). London, 22 ...
Bank managers video confession of FX corruption
By Sami Zaptia. A video confession by bank managers admitting to FX corruption (Photo: Libyan Police Dept). London, 12 February ...
CBL defends its financial performance, protection of Libyan dinar value
By Libya Herald reporter. The CBL defended its financial performance blaming the fall in oil exports for the fall in ...
CBL deflects criticism of LD loss of value onto oil blockades
By Libya Herald reporter. The CBL is attempting to deflect criticism resulting from the sharp LD rise in FX (File ...
Libya will not go bankrupt if reforms and austerity implemented: CBL Governor Hibri
By Libya Herald reporter. Beida-based CBL Governor, Ali Salem Hibri does not think Libya will go bankrupt if it implements reforms (Archive ...
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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.