Libya’s Black Market Sees Sharp Dollar Rise
The US dollar continued its upward trajectory in Libya’s parallel market, reaching new highs and deepening concerns over currency stability ...
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Tag: Dollar
Libya’s Central Bank Restarts Dollar Sales & Credit Services
On Tuesday, the Central Bank of Libya (CBL) announced it will resume the sale of foreign currency to individuals and ...
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Libya’s Central Bank Blames Dabaiba’s Government Spending for Rising Dollar Price
The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, has attributed the country's escalating dollar price to the ...
Read moreLibya’s 2023 Economic Struggles: Corruption, Soaring Prices & a Dollar Crisis
In Libya, 2023 has been a year overshadowed by economic deterioration, deeply impacting the social situation of its people. This ...
Read moreSurging Dollar Sparks Concerns in Libya
The unprecedented rise of the US dollar against the Libyan dinar has set off alarms across Libya. As an oil-exporting ...
Read moreLibya Creates Billion Dinar Fund for Sirte Reconstruction
On Sunday, the Libyan Government of National Unity (GNU) announced the establishment of a sovereign fund for the reconstruction of ...
Read moreReport: How Libya’s multibillion-dollar trade finance scheme risks defrauding the country via London banks
Global Witness, an international NGO issued a report on Friday explaining that Libya appears to be losing millions of dollars ...
Read more1 Billion Dinars Spent to Combat COVID-19 in Libya
The Central Bank of Libya in Tripoli (CBL) announced it had allocated 969 million Libyan Dinar (LYD) to the Government ...
Read moreUS Dollar Depreciates Against Libyan Dinar
The US dollar fell against the Libyan Dinar (LYD) in Libya's black market on Tuesday, reaching 6.070 LYD. The Euro ...
Read moreUS Dollar Rises Against Libyan Dinar
The US dollar and several other foreign currencies rose against the Libyan dinar (LYD) during Sunday's transactions in the country's ...
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