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
| News
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”
| News
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
| News
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
| News
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”
| News
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…
Exclusive: Including $2,000 Personal Use Cards – Central Bank Issues New Regulations for Foreign Currency Sales
| News
Our source has exclusively obtained the new regulations for foreign currency sales issued by the Department of Currency and Banking Supervision at the Central Bank of Libya.
The new rules stipula…