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Exclusive: Sources Expect Dollar Exchange Rate to Decline in the Parallel Market This Week
| News
A special source revealed to our source that the exchange rate of the dollar in the parallel market is expected to drop below 6.4 Libyan dinars this week.
It is worth noting that an agreement w…
Exclusive: Abu Salim Municipality Head Addresses Head of Administrative Control Authority Regarding Economic Reform Initiative
| News
Our source has obtained a letter from the Head of Abu Salim Municipality to the Head of the Administrative Control Authority regarding the economic reform initiative. The letter emphasizes that th…
Exclusive: Central Bank to Continue Foreign Exchange Sales at the Same Pace Due to Daily Revenue Transfers
| News
The Central Bank of Libya exclusively revealed to our source that an agreement was reached with the National Oil Corporation, supported by the Audit Bureau and the Public Prosecutor’s Office, to t…
Exclusive: Central Bank Reveals Foreign Exchange Sales Figures
| News
A source at the Central Bank of Libya exclusively disclosed to our source the foreign exchange system report for February 2. The source stated that $484 million was reserved for personal purposes,…
Exclusive: Financial Official Explains Ministry’s Requirement for Employees to Have Bank Cards for Salary Payments
| News
A financial official told our source that the Ministry of Finance’s directive requires employees to provide proof of owning a bank card as a mandatory condition for salary disbursement.
He stat…
Acting NOC Chief Reveals Strategic Plan to Boost Production and Enhance Transparency
| News
The Chairman of the National Oil Corporation, Masoud Suleiman, told Reuters on Friday that the corporation will focus on increasing production and enhancing transparency as Africa’s second-largest…