dollar

The head of the family dollar grant in the central bank of Libya Salem al-Siwi announced in a televised statement this Wednesday that the grant will be opened this coming Sunday to complete 2019 allocations.The family dollar grant is a…

The Libyan Presidential Council on Tripoli of the Government of National Accord (GNA) announced on Tuesday that it will cut the fee on sales of dollars and other foreign currencies to 163% from August 04.The GNA, together  with the…

The Central Bank of Libya (CBL) said in a statement on Wednesday that it is going to resume the $500 grant for every family member in the country starting from next Sunday.The CBL explained that the delay has been caused by the…

The deputy head of the Presidential Council, Ahmed Meiteeg, Libya expects to end a long-running liquidity crisis by early 2019 as a foreign currency tax helps the official and black market exchange rates converge at less than 3 dinars…

Libya’s government of national accord on Wednesday imposed a fee of 183 percent on foreign currency transactions, effectively devaluing the Libyan dinar to bridge the gap to the dominating black market.The move devalues the official…

The Central Bank of Libya (CBL) has announced that the economic reforms will be carried out next week in the country.The CBL, according to sources reported by The New Arab, was waiting the Presidential Council's approval after doing…

Turkey’s lira has weakened to a new record low against the dollar after a media report indicated that the US could be laying the groundwork for possible sanctions amid a diplomatic row between the two countries.The lira extended its…

The Libyan dinar has sharply dropped in value on Sunday starting in a hike from 6.60 on Friday to 7.75 per one US dollar on Sunday at the black market. The Libyan dinar to US dollar exchange rates at the central bank are still at…

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…

The public budget for Libya in 2018 has been set at about 42.5 billion Libyan dinars, which is worth about 31 billion dollars at the official banking rates in the country, a source at the Ministry of Finance told The New Arab news…

The Central Bank of Libya (CBL) has announced the continuation of 2017 decision to allow Libyan families to buy dollars for the official bank rates with each family member getting 500 dollars in 2018 instead of 400 that was in 2017.…