Exclusive: Central Bank Issues Reminder on 50-Dinar Withdrawal Deadline and Urges Action from Citizens and Banks
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Our source obtained a reminder from the Central Bank of Libya regarding the deadline for withdrawing the 50-dinar banknotes by the end of April.
The Central Bank stated: The final date to accept…
Exclusive: Husni Bey Comments on the Exchange Rate Adjustment: The Majority Calls for Reform but Rejects Change, Insisting on Tools and Mechanisms Proven to Fail
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Libyan businessman Husni Bey told our source in an exclusive statement: In my view, the rate approved, with an added 15% fee, actually represents a devaluation of the exchange rate, not an increase…
Al-Akkari: “The Central Bank’s Decision to Adjust the Exchange Rate is to Protect Reserves… Our Dinar Will Rise and the Dollar Will Drop the Day National Loyalty Rises”
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Banking expert Misbah Al-Akkari stated on his official Facebook page: When a three-month window is granted to issue a unified budget that serves the entire homeland, with the Central Bank involved i…
Libyan Economic Experts Urge Immediate Reforms Amid Growing Crisis
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Sada republishes an important message from a group of economic and financial experts regarding Libya’s economic situation and proposed solutions. They said: Following the report published yesterday…
Exclusive: Al-Harati Speaks on the Risks Highlighted by the Central Bank Data That Led to the Devaluation of the Libyan Dinar and Its Accompanying Effects
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Legal advisor Hisham Al-Harati spoke exclusively to our source stating: “What is happening in Libya is a blatant example of a betrayal of trust, as corrupt parties entrusted with the responsibility…
Exclusive: Al-Bouri to Sada: “The Dinar Devaluation Won’t Be the Last if Government Deficit Financing Continues”
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Banking expert Naaman Al-Bouri spoke exclusively to our source regarding the Central Bank’s latest statement, saying: “The statement issued today by the Central Bank of Libya shows that the bank is…