Libya Central Bank Audit May Boost Reunification Hopes
An international audit of Libya’s two parallel central bank branches will recommend steps on Thursday that could lead to their eventual reunification, two sources familiar...
Parallel central bank
Ali Al-Hebri: “the fixed exchange rate will be accessible to all”
As far as approving an exchange rate of LYD 4.48 to 1USD is concerned, the Governor of Eastern Based Central Bank of Liba, Ali Al-Hebri, told...
Cash shortage adds to weary Eastern Libyans’ woes
“When Jamal al-Fallah tried to withdraw money from his bank in Benghazi, he was told no cash was available, the result of financial problems in...
A Long-Delayed Audit of Libya’s Central Bank Is to Go Ahead
A long-delayed international audit of Libya’s central bank is finally going ahead after the country’s prosecutor threatened legal action and a military commander made it...
Parallel CBL Reveals Oil Revenue Gap
The Central Bank of Libya Headquarters in al-Bayda issued a statement concerning revenues and expenditures, including the gap between oil revenues for the first quarter of 2019, 2020....
East Libyan central bank will no longer lend to parallel government
Libya’s parallel government in the east can no longer borrow money from the central bank it set up in 2014 except to pay state salaries,...