When you need to know
The Deputy Governor of the Central Bank of Libya (CBL) Ali Al-Hibri said the Board of Directors decided to adjust the dinar exchange rate as per the law and its authorization, adding in a press conference on Thursday in Benghazi
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The Libyan Central Bank started Sunday implementing the new exchange rate of the Libyan dinar to be 4.48 per 1 US dollar.
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The board of directors of the Central Bank of Libya approved Wednesday the recommendations of the technical committee and endorsed the new exchange rate of the Libyan dinar (LYD) to US dollar (USD) to become 4.48 per 1
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The Governor of the Central Bank of Libya (CBL), Sadiq Al-Kabir, has considered that the request from the Presidential Council (PC) to provide $5000 exchange to each individual would result in a severe drain on resourc
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Former US envoy to Libya Jonathan Winer has said that the seizure of Russian-printed dinars by the Maltese authorities highlights an opportunity to reform Libya’s civil war economy, and would assist the Government of N
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Nearly 4.5 billion Libyan dinars of printed currency in Russia was sent to the parallel central bank in al-Bayda city east of Libya, between February and June, Reuters reported on Tuesday.
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The black market in Libya saw the Libyan dinar gain some good value against foreign currencies as $1 was sold for less than LYD4 then hours later for LYD4.
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The Chairman of the Libyan Commerce and Industry Chamber Mohammed Al-Raied said the economic reforms aim to end the presence of black market, saying he expects the fees on selling dollars at the banks will drop in six
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