{"id":255614,"date":"2025-12-02T17:25:29","date_gmt":"2025-12-02T15:25:29","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=255614"},"modified":"2025-12-02T17:25:29","modified_gmt":"2025-12-02T15:25:29","slug":"libya-central-bank-lc-sales-market-speculation","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/libya-central-bank-lc-sales-market-speculation\/","title":{"rendered":"Central Bank to Sada: Over $1.5 Billion Sold to Banks for LC Coverage; Market Speculation Aims to Pressure Removal of Audit Measures"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Central Bank of Libya told our source exclusively that more than $1.5 billion was sold to banks on Monday and Tuesday to cover letters of credit, with coverage continuing and all systems operating normally.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Bank confirmed that what is happening in the market is pure speculation intended to pressure authorities into canceling audit procedures on letters of credit\u2014procedures that have harmed currency smugglers and fake credit applicants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Libya told our source exclusively that more than $1.5 billion was sold to banks on Monday and Tuesday to cover letters of credit, with coverage continuing and all systems operating normally. The Bank confirmed that what is happening in the market is pure speculation intended to pressure authorities into canceling audit [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":255615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[628,613],"class_list":["post-255614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-central-bank","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>Central Bank to Sada: Over $1.5 Billion Sold to Banks for LC Coverage; Market Speculation Aims to Pressure Removal of Audit Measures - 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\/libya-central-bank-lc-sales-market-speculation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central Bank to Sada: Over $1.5 Billion Sold to Banks for LC Coverage; Market Speculation Aims to Pressure Removal of Audit Measures - Sada Newspaper\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Libya told our source exclusively that more than $1.5 billion was sold to banks on Monday and Tuesday to cover letters of credit, with coverage continuing and all systems operating normally. The Bank confirmed that what is happening in the market is pure speculation intended to pressure authorities into canceling audit [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sada.ly\/en\/libya-central-bank-lc-sales-market-speculation\/\" \/>\n<meta property=\"og:site_name\" content=\"Sada Newspaper\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-02T15:25:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sada.ly\/en\/contents\/uploads\/sites\/2\/2025\/12\/image_2025-12-02_162404212.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Amira Cherni\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amira Cherni\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/sada.ly\\\/en\\\/libya-central-bank-lc-sales-market-speculation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sada.ly\\\/en\\\/libya-central-bank-lc-sales-market-speculation\\\/\"},\"author\":{\"name\":\"Amira Cherni\",\"@id\":\"https:\\\/\\\/sada.ly\\\/en\\\/#\\\/schema\\\/person\\\/d2e3a4c15ff289afd397860b4d048830\"},\"headline\":\"Central Bank to Sada: Over $1.5 Billion Sold to Banks for LC Coverage; 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