{"id":254278,"date":"2025-07-26T18:17:00","date_gmt":"2025-07-26T16:17:00","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=254278"},"modified":"2025-07-26T21:19:43","modified_gmt":"2025-07-26T19:19:43","slug":"exclusive-central-bank-to-sada-licensed-exchange-companies-will-help-us-control-the-market-and-stabilize-the-exchange-rate","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/exclusive-central-bank-to-sada-licensed-exchange-companies-will-help-us-control-the-market-and-stabilize-the-exchange-rate\/","title":{"rendered":"Exclusive: Central Bank to Sada \u2014 Licensed Exchange Companies Will Help Us Control the Market and Stabilize the Exchange Rate"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In an exclusive statement to our source, the <strong>Central Bank of Libya<\/strong> said that the <strong>absence of tools<\/strong> enabling it to control the exchange rate in the parallel market has allowed <strong>a limited group of speculators<\/strong> to manipulate prices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Bank added: &#8220;<em>Now, we will have <strong>licensed exchange companies and offices<\/strong> that we will support in order to control the market and stabilize the exchange rate through coordination between the Central Bank and these licensed entities. We expect cooperation from the companies and offices in light of the support we will provide.<\/em>&#8220;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Central Bank continued: &#8220;<em>We have sufficient reserves, a portion of which can be used to stabilize the market through <strong>organized and legal mechanisms<\/strong>, instead of being exploited through <strong>fake letters of credit<\/strong> or the abuse of payment cards. This will directly serve the market and put an end to the misuse of credits as stricter auditing procedures are implemented.<\/em>&#8220;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an exclusive statement to our source, the Central Bank of Libya said that the absence of tools enabling it to control the exchange rate in the parallel market has allowed a limited group of speculators to manipulate prices. The Bank added: &#8220;Now, we will have licensed exchange companies and offices that we will support [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":254279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[624,658,613],"class_list":["post-254278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-central-bank-of-libya","tag-exchange-rate","tag-libya"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Exclusive: Central Bank to Sada \u2014 Licensed Exchange Companies Will Help Us Control the Market and Stabilize the Exchange Rate - Sada Newspaper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sada.ly\/en\/exclusive-central-bank-to-sada-licensed-exchange-companies-will-help-us-control-the-market-and-stabilize-the-exchange-rate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive: Central Bank to Sada \u2014 Licensed Exchange Companies Will Help Us Control the Market and Stabilize the Exchange Rate - Sada Newspaper\" \/>\n<meta property=\"og:description\" content=\"In an exclusive statement to our source, the Central Bank of Libya said that the absence of tools enabling it to control the exchange rate in the parallel market has allowed a limited group of speculators to manipulate prices. 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