Browsing Tag

dollar

Libya’s central bank drops dollar purchase fees to 163%

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…

Libya’s Central Bank relaunches $500 family grant

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…

Libya imposes fees on foreign currency transactions

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…

US dollar against Libyan dinar skyrockets to near LYD8

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…

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…

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