Libya’s Central Bank Approves Cash Dollar Sales and Eases Transfer Restrictions Amid New Dollar Shipments
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The Central Bank of Libya confirmed to our source that, during a meeting with commercial banks, an agreement was reached to begin selling US dollars in cash.
This comes alongside the easing of pr…
Middle East Monitor: Turkey Extends Its Presence in Tripoli While Eastern Libya Is Being Rebuilt with Oil Money
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The Middle East Monitor reported on Sunday that eastern Libya is following a different path, noting that average oil production has reached 1.37 million barrels per day by 2025—the highest level in…
Exclusive: Central Bank Instructs Commercial Banks to Coordinate with Issuance Department to Secure Cash Liquidity Needs
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Our source obtained a communication from the Central Bank of Libya addressed to commercial banks, instructing them to contact the Issuance Department and its branches outside the city of Tripoli. Th…
Exclusive: Central Bank Reveals Mechanism for Distributing $1 Billion in Cash to Banks, Sets Maximum Exchange Rate at 6.43 LYD per Dollar
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The Central Bank of Libya revealed to our source that an initial batch of $1 billion in cash will be distributed to commercial banks. The booking and purchasing mechanism will follow the same system…
Exclusive: Telecommunications Unions Alliance Rejects Settlement Granting Oil Field Services to Rawafed
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Our source obtained copies detailing the agreement record between the Libyan Telecommunications Holding Company and Rawafed Company regarding the connection of oil fields to a telecommunications sys…
Al-Zantouti: Fortunate Thanks to Massad Boulos… Yet Unfortunate That Libya Could Not Unite on Its Own
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Financial analyst Khaled Al-Zantouti wrote in an article in which he stated that there is no doubt everyone welcomed the agreement to unify public spending announced yesterday. Regardless of the det…












