Exclusive: Central Bank Source: “We Continue to Support the Dinar’s Value… and Here Are the Upcoming Possibilities”
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A source at the Central Bank of Libya exclusively revealed to Sada Economic that the bank continues its efforts to support the value of the Libyan dinar.
The source added that all possibilities a…
Exclusive: “Al-Harati” Comments on the Decision to Reduce the Exchange Rate Fee
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Legal advisor Hisham Al-Harati stated exclusively to Sada Economic Newspaper: “The methodology adopted in drafting the decision to reduce the fee imposed on the exchange rate clearly indicates that…
Africa Intelligence: National Oil Corporation in Legal Dispute with Russian “Litasco” – Here Are the Details
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The French intelligence website Africa Intelligence reported on Thursday that the legal dispute with the Russian company Litasco is ongoing.
The website confirmed that the National Oil Corporatio…
In a Statement to Sada: Husni Bey Reveals Central Bank Reserves and the Fate of the Dinar
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Libyan businessman Husni Bey stated in an exclusive comment to our source: “The Central Bank of Libya undoubtedly has the capacity to defend the dinar at any rate it deems appropriate. The bank poss…
Exclusive: The Central Bank Begins Implementing Parliament’s Decision to Reduce the Foreign Exchange Tax to 15%
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Our source has exclusively obtained a circular from the Central Bank of Libya regarding the Parliament’s decision to reduce the tax by 5%, bringing it down to 15%.
The Central Bank also emphasize…
Exclusive: As previously reported by Sada—Parliament reduces the tax to 15%
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Our source has exclusively obtained the decision by the Speaker of the House of Representatives to impose a 15% fee on the official foreign exchange rate for all purposes. The exchange rate will inc…