Libya’s foreign currency reserves rose to 98.8 billion US dollars by the end of September 2025, according to figures released by the Central Bank of Libya on Thursday.
According to the bank, the increase reflects improving investment returns and a stronger position in managing foreign assets.
The announcement followed the third regular meeting of the Central Bank’s Investment and Risk Committee, which reviewed strategic priorities related to the bank’s international reserves and asset portfolio.
The committee presented a detailed report showing the total value of the bank’s foreign assets, which include gold and other foreign currency-denominated financial instruments.
Gold reserves account for 18.16 billion USD, representing approximately 18.38% of the total. Most of this gold is held as a reserve to support Libya’s local currency. The Central Bank reported that investment returns from these assets amounted to 2 billion USD as of September 30, indicating a positive trend in foreign reserve management.
This performance plays a key role in helping Libya absorb shocks linked to fluctuations in oil revenue and the country’s balance of payments. Oil remains Libya’s primary source of income, and reserve strength is critical to economic stability.
The committee also approved a new initiative to issue mudaraba-based deposit certificates, with the first issuance scheduled for October 12. This move aims to expand domestic investment opportunities and make better use of excess liquidity in the local banking sector. It also represents a broader effort to diversify revenue sources and strengthen monetary policy tools.
The Central Bank emphasized that such instruments will help improve financial stability and provide commercial banks with new options to invest securely and efficiently.
