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…
Exclusive: Including $2,000 Personal Use Cards – Central Bank Issues New Regulations for Foreign Currency Sales
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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…
The Central Bank Takes Measures to Adjust the Exchange Rate… Lists the Reasons and Issues Numerical Warnings
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The Governor of the Central Bank of Libya issued a statement today, Sunday, regarding the Bank’s decision to adopt a series of strict measures, including a reconsideration of the exchange rate, in o…
Exclusive: Shriha Responds to Husni Bey’s Statements – “Subsidy Replacement Won’t Change Anything, It Will Only Increase the Burden on Libyans Right Now”
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Oil expert Masoud Shriha commented in a statement to our source on the remarks made by Libyan businessman Husni Bey regarding the replacement of subsidies, saying: “Replacing subsidies will not chan…
On the Future of the Libyan Dinar.. Al-Jhimi: “Don’t Be Fooled by Revenues or Get Too Comfortable with Reserves.. These Are the Solutions”
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Former Minister of Planning Taher Al-Jhimi wrote on his official Facebook page:
What is the future of the Libyan dinar’s value relative to the dollar?
This is the question many Libyans are ask…