US Sanctions Russia’s “Goznak” for Libya’s Counterfeit Currency Crisis
On Thursday, the US Treasury Department imposed sanctions on the Russian state-owned company, Goznak, accusing it of printing over $1 ...
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Tag: Foreign Currency
Libyan Central Bank Reports Significant Foreign Currency Deficit
According to the Central Bank's revenue and expenditure statement for the period from January to May, foreign currency revenues amounted ...
Read moreLibyan Officials Convene to Address Soaring Foreign Currency Demand
On Saturday, Libya's key political and financial leaders convened in a crucial meeting to address the sharp increase in foreign ...
Read moreLibya’s Foreign Currency Usage Reaches $21.3 Billion
The Central Bank of Libya (CBL) reported that the total foreign currency use from January to the end of June ...
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