Exclusive: Central Bank: “There Is Still a Chance to Improve the Dinar’s Value by Removing the Tax, and We Will Present a Swift Reform Plan”
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The Central Bank of Libya told our source in an exclusive statement: “We have taken measures to correct the exchange rate, setting it at 5.56 dinars per dollar, while maintaining the 15% tax.”
Th…
Exclusive: As Is His Annual Tradition – Decision, Crisis, Then Cancellation… Al-Huwaij Cancels Import and Export Ban Once Again
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Our source has exclusively obtained the decision by Minister of Economy of the Government of National Unity, Mohamed Al-Huwaij, to cancel his previous order banning the practice of import, export, a…
Exclusive: Central Bank Approves New Board of Directors for Assaray Bank
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Our source has exclusively obtained a letter confirming that the Central Bank of Libya has approved the appointment of new members to the Board of Directors of Assaray Bank.
The newly appointed m…
Exclusive: Economic Analyst from New York Reveals to Sada the Reasons Behind the Decision to Impose Customs Duties on Libya
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Researcher and economic analyst based in New York, Ahmed Mharem, spoke to our source on Thursday, stating that the recent economic decisions—particularly the imposition of customs duties on most cou…
Exclusive: Central Bank Issues Circular Amending the Mandatory Cash Reserve Ratio Against Deposit Liabilities
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Our source has exclusively obtained circulars from the Central Bank of Libya addressed to commercial banks regarding the amendment of the mandatory cash reserve ratio against deposit liabilities…
Exclusive: Including a Maximum 7% Expansion in the Financing and Investment Portfolio – Central Bank Issues Key Instructions to Banks
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Our source has exclusively obtained circulars from the Central Bank of Libya addressed to banks, aimed at ensuring the stability and strengthening the resilience of the banking sector, particularly…