Libya’s Central Bank has announced that the total value of its investment portfolios has risen to $98.8 billion, driven by higher global prices for gold and foreign currencies.
The announcement came following the third regular meeting of the Investment and Risk Committee, held on Wednesday, 8 October 2025, at the office of the Bank Governor and Committee Chairman. The meeting discussed key strategic issues related to the management of the Bank’s foreign assets and investments.
According to the Central Bank’s report, gold holdings reached $18.164 billion, representing 18.38% of the total investment portfolio, most of which serves as a cover for the national currency. The committee also reviewed investment returns from foreign assets, which totalled $2 billion as of 30 September 2025 — a result the Bank described as “positive performance” in managing foreign reserves, helping to offset reduced oil revenues and balance of payments pressures amid expanding foreign exchange spending.
In addition, the committee agreed to launch a new financial instrument — Mudaraba Deposit Certificates — aimed at diversifying investment tools and boosting returns for commercial banks. The first issuance is scheduled for Sunday, 12 October 2025, marking a significant step towards activating one of the Central Bank’s key monetary policy tools.
The Bank said the initiative reflects its commitment to strengthening transparency and efficiency in reserve management, while reinforcing monetary and financial stability in Libya. Officials noted that the rising value of investment portfolios demonstrates growing confidence in the Bank’s policies and Libya’s economic resilience.
The Central Bank reaffirmed its goal of positioning itself as a leading financial institution in the region, capable of managing reserves prudently while supporting sustainable growth and stability in the domestic banking sector.
