Al-Barghouthi writes: “Libya and the Gold Backing of the Dinar.. Between Local Reality and Global Transformations”
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Professor of Political Economy Mohamed Al-Barghouthi wrote in an article:
Amid the profound transformations taking place in the global financial system, gold has reemerged as a strategic asset th…
Al-Sharif: “The Central Bank Announces the Possibility of Supplying Foreign Currency After Years of Involving Libyans with Cards… An Investigation Must Be Opened”
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Economic expert Idris Al-Sharif said: “Who is responsible! The Central Bank states that it intends to supply $500 million in cash to be distributed to exchange companies that have recently obtained…
Exclusive.. Central Bank: “We have a large cash reserve covering the withdrawn denominations, and distribution will be faster starting in October”
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Our responsible source at the Central Bank revealed exclusively that banks are working to receive deposits of the withdrawn currency denominations, stressing that there will be no extension and the…
Exclusive: Central Bank begins importing foreign currencies in cash to sell to exchange companies, with $500 million expected to be injected in the first phase
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Our responsible source at the Central Bank of Libya revealed exclusively that the bank has begun procedures to import foreign currencies in cash, for the purpose of selling them directly to exchange…
Exclusive.. Central Bank Sets Additional Working Days for Collecting Banknotes Scheduled for Withdrawal at the End of September
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Our source has exclusively obtained a circular from the Central Bank of Libya instructing banks to operate on Saturday, September 20, and Friday–Saturday, September 26–27. Working hours will be from…
Exclusive.. Central Bank: After the withdrawal of the 5 and 20 dinar notes at the end of September, we will begin taking more effective steps, and all observers expect the dollar to drop
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The Central Bank of Libya revealed exclusively to our source hat the difference between the dollar against the 20 and 5 dinar notes exceeded 850 dirhams. This gap was due to demand for the dollar fr…