Libya’s Central Bank starts working with new exchange rate.

The Libyan Central Bank started Sunday implementing the new exchange rate of the Libyan dinar to be 4.48 per 1 US dollar. The Central Bank...

Islamic Development Bank visits Libyan Industry Union’s Industrial Zone

Representatives of the Islamic Development Bank yesterday visited the First Industrial Zone belonging to the Libyan Industry Union (LIU), the LIU reported today. The 162-hectare...

CBL reviews foreign exchange regulations.

The governor of the Central Bank of Libya (CBL), Al-Sadiq Al-Kabeer, on Monday, discussed with the directors of the departments of the bank regulations...

Al-Hibri optimistic about economic boost after modifying dinar exchange rate.

The Governor of the parallel Central Bank of Libya (CBL) and vice president of the board of directors of the CBL Ali Al-Hibri said...

CBL budget deficit loan reaches LD 25 bn.

The Central Bank of Libya’s (CBL) loan to the internationally recognized Libyan government based in Tripoli has reached LD 24.481 billion, the CBL revealed...

Sahary Bank and Expertise France discuss establishing SME financing units.

Libya’s Sahary bank and Expertise France discussed the establishment of an SME financing Unit last week in Tunis (18 December,), Expertise France reported. Expertise France...

Official exchange rate to continue declining gradually

In a televised interview, Misbah Akkari, Former chairman of Libya’s largest bank, Al-Jumhuriya and current member of the Central Bank of Libya’s (CBL) Exchange...

Libya’s Central Bank approves exchange rate of LYD4.48 to USD.

The board of directors of the Central Bank of Libya approved Wednesday the recommendations of the technical committee and endorsed the new exchange rate...

Libya’s Ministry of Finance reveals state revenues within 11 months.

The Ministry of Finance has stated that crude oil revenues reached 5.28 billion dinars during the period from January 2020 to November 2020. It added...

Al Kabeer briefs the German ambassador on efforts to unify the...

The Governor of the Central Bank in Tripoli informed Al-Siddiq al-Kabir, the German ambassador to Libya, Olver Ovtsha, on the efforts made to reform...