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Exclusive: Central Bank Begins Selling Foreign Currency to Banks – Here Are Its Expectations
| News
The Central Bank of Libya revealed exclusively to our source that it has begun selling foreign currency to commercial banks, in line with the announcement made yesterday.
The Central Bank added…
American Website: Eastern Libya Is About to Approve a Gas Exploration Deal… Here Are the Details
| News
The American website “The Maritime Executive” stated on Monday that it is likely a sharp debate will arise over the Turkish-Libyan agreement on the issue of oil exploration, and it is possible that…
Exclusive: Until the End of 2025, Central Bank Directs Banks to Halt Direct or Indirect Financing for Legal Entities
| News
Our source has obtained exclusively a correspondence from the Central Bank of Libya to commercial banks.
The Central Bank instructed bank managers to temporarily halt granting direct or indirect…
Al-Sharif Writes on Calls to Float the Libyan Dinar and Let Its Value Be Determined by Market Supply and Demand Without Central Bank Intervention
| News
Economic expert Idris Al-Sharif wrote that as long as the Central Bank remains the sole monopolistic source of selling foreign currency in the market, and since the Libyan economy is one-sided, rely…
Exclusive: Central Bank of Libya to Cover $1.5 Billion in Letters of Credit and $400 Million for Personal Purposes on Monday
| News
The Central Bank of Libya revealed exclusively to our source that tomorrow, Monday, September 1st, will see the coverage of letters of credit worth $1.5 billion, in addition to $400 million allocate…
Al-Manea: SWFI Ranking Reveals the Compass of the Global Economy
Al-Manea: SWFI Ranking Reveals the Compass of the Global EconomyWritten by Advisor Mostafa Al-Manea: SWFI Ranking Reveals the Compass of the Global Economy
The Sovereign Wealth Fund Institute (SW…