A report by the Research and Statistics Department at the Central Bank of Libya revealed details of the foreign currency usage by banks during the first two months of 2026, which reached a total of 5.5 billion dollars. Jumhouria Bank ranked first in granting foreign currency with a market share of 20.4%.
The report also explained the Central Bank’s coverage of foreign currency for private sector companies, disclosing the figures and names. Letters of credit were opened for the import of goods worth 171.7 million dollars, production inputs worth 47.8 million dollars, animal feed worth 44.5 million dollars, and essential goods supplies worth 23.2 million dollars.
The report further revealed the ranking of beneficiary countries from the approved coverage requests, according to the country benefiting from the foreign currency. Switzerland ranked first with 82.4 million dollars, followed by Turkey with 58.4 million dollars, while the United Arab Emirates ranked third with 53.7 million dollars, and Italy came fourth with 28.2 million dollars.
