{"id":253729,"date":"2025-04-24T00:25:33","date_gmt":"2025-04-23T22:25:33","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=253729"},"modified":"2025-04-26T00:29:45","modified_gmt":"2025-04-25T22:29:45","slug":"exclusive-central-bank-source-to-sada-the-battle-with-top-traders-reaches-breaking-point-after-consecutive-blows-details-inside","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/exclusive-central-bank-source-to-sada-the-battle-with-top-traders-reaches-breaking-point-after-consecutive-blows-details-inside\/","title":{"rendered":"Exclusive \u2013 Central Bank Source to Sada: The Battle with Top Traders Reaches Breaking Point After Consecutive Blows\u2026 Details Inside"},"content":{"rendered":"\n<p>Our source from the Central Bank of Libya revealed that the Bank\u2019s battle with major traders has reached a breaking point, as Governor <em>Nagy Issa<\/em> has dealt a series of successive blows to currency dealers, inflicting heavy losses. As a result, some affected parties have launched media attacks and smear campaigns against the Bank and its governor.<\/p>\n\n\n\n<p>The source added that Governor Nagy Issa succeeded in enforcing the decision to withdraw the 50-dinar note, which had become a safe haven for currency hoarding. He also managed to increase the value of the dinar and shrink the exchange rate margin from 8 to below 7 dinars \u2014 at a time when many had predicted the dollar would reach 10 dinars. This move was followed by the Central Bank\u2019s announcement of the imminent withdrawal of the 20-dinar note, which had become the traders\u2019 last resort due to its poor quality and susceptibility to forgery from being printed in Russia.<\/p>\n\n\n\n<p>The Bank also announced its intention to regulate the currency market and empower licensed exchange companies and offices \u2014 effectively giving the Ministry of Interior the green light to take bold action and shut down unlicensed shops and offices in Souq Al-Mushir. The source concluded that the Central Bank is bound to prevail, but only through its own efforts and with sufficient support from the public.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our source from the Central Bank of Libya revealed that the Bank\u2019s battle with major traders has reached a breaking point, as Governor Nagy Issa has dealt a series of successive blows to currency dealers, inflicting heavy losses. As a result, some affected parties have launched media attacks and smear campaigns against the Bank and [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":253730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[628,613,958],"class_list":["post-253729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-central-bank","tag-libya","tag-traders"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/253729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/comments?post=253729"}],"version-history":[{"count":2,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/253729\/revisions"}],"predecessor-version":[{"id":253732,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/253729\/revisions\/253732"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/253730"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=253729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=253729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=253729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}