Exclusive: Central Bank circulates mechanism and controls for selling personal foreign currency allocations in cash to citizens
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Our source has obtained a copy of a circular issued by the Central Bank outlining the mechanism and controls for selling personal foreign currency allocations in cash to citizens through the persona…
Exclusive.. “Al-Zantouti”: Linking Libyan banks to the CIPS system is a positive step to facilitate trade with China and support transactions in yuan
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Financial expert Khaled Al-Zantouti stated, in a remark to our source, that the CIPS system is a Chinese interbank system for payments and settlements of transactions in Chinese yuan, and is conside…
Exclusive.. “Helmi Al-Gumati”: Linking Libyan banks to the CIPS system is a positive step, but its impact on the exchange rate remains limited
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The Head of the Economics Department at the University of Benghazi, Dr. Helmi Al-Gumati, stated exclusively to our source that the agreement to link Libyan banks to the Cross-Border Interbank Paymen…
“Muraaj Ghaith”: Linking Libyan banks to the CIPS system… a step to support small traders and reduce the black market despite yuan restrictions and SWIFT concerns
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Former member of the Central Bank’s Board of Directors, Muraaj Ghaith, commented in a statement to our source on the agreement reached between the Governor of the Central Bank of Libya, Naji Issa, a…
Your Dollars in Hand Instantly: New Initiative by “Zahret Al-Sabbar” Shakes the Exchange Market in Tripoli
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Zahret Al-Sabbar Exchange Company announced the launch of a new initiative under the slogan “Your Dollar in Cash, Your Comfort First,” in a step aimed at facilitating citizens’ access to their forei…
Arrival of $300 Million in Cash to the Central Bank of Libya via Mitiga Airport
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The Central Bank of Libya reported, in an exclusive statement to our source, the arrival of a new shipment of foreign currency in cash (“USD cash”) worth approximately $300 million, arriving at the…












