Browsing Tag

CBL

Dollar sharply drops in Libya black market

The Libyan Dinar has gained the most value in the last five months on Tuesday as the black market started offering selling $1 for LYD7.80. The Libyan dinar has been for the last three months at least steadily valueless at 9.80 and…

Central Bank of Libya denies favoritism claims

The Central Bank of Libya (CBL) denied in a statement Tuesday any favoritism or nepotism in the granting of Letters of Credit to the businessmen in Libya. The CBL explained that the businessmen who attended the meeting with the…

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