Exclusive: Key Statements by the Central Bank Governor to Traders and Citizens… and the Bank’s New Mechanisms to Control the Exchange Rate
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On the sidelines of concluding Article IV consultations with the International Monetary Fund today, Wednesday, the Governor of the Central Bank of Libya, Naji Issa, stated that the bank has a plan t…
Sharp Drop in Dollar as Market Approaches Equilibrium at 8.20 LYD
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Several currency traders told our source that the U.S. dollar has seen a significant decline, with current market movements indicating a trend toward reaching an equilibrium point estimated at 8.20…
Exclusive: Economic Experts Committee Issues Key Recommendations to Improve Libya’s Economic Situation
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A committee of economic experts formed by the Libyan Presidential Council has issued a comprehensive report assessing Libya’s current economic and financial situation, highlighting deep structural i…
Al Wafa Bank Announces Public Tender for Technical, Financial, and Consultancy Services
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Al Wafa Bank has announced its intention to launch a public tender inviting technical and financial proposals, along with integrated consultancy services. These services include study, design, and s…
Exclusive: Central Bank Expected to Raise Personal Allowance to $4,000 with Plan to Gradually Strengthen Dinar to 6.90 per Dollar
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The Central Bank of Libya revealed exclusively to our source that it has decided to inject $1.5 billion as an initial tranche for personal purposes, with the proposal also covering medical expenses…
International Maritime Organization Reveals Plans to Track and Protect Oil Tankers in Libya
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The International Maritime Organization revealed a number of plans to track oil tankers in Libya and enhance their protection.
According to the organization, Secretary-General Arsenio Dominguez p…














