6 November 2026 · Tripoli
EUR / LYD Official 7.220 · Parallel 10.52 ▲ USD / LYD Official 6.420 · Parallel 9.990 ▲ GBP / LYD Base 8.649 ▲ Oil (Brent) $ 97.48 ▼ Gold (Gram) LYD 4,088.00 ▲
Long-form

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Long-form editorial essays and analytical pieces.

9 articles
Latest · Oil & Energy · 14 October 2026
Oil Exporters’ Worst Nightmare: Is Libya Prepared for a World Less Dependent on Oil

With Brent near $106, Libya’s foreign currency needs still exceed its oil revenues. An analysis asks whether the country can diversify before a world less dependent on oil arrives.

By Amad Abukhzaam · 7 min read
Libya's unified salary scale will not fix a foreign-exchange problem Economy & Finance · 8 min read Libya's unified salary scale will not fix a foreign-exchange problem With a 6.4-dinar official dollar, a 9.7-dinar parallel market and a $4.9bn foreign-exchange deficit despite high oil prices, the real question is wher… By Amad Abukhzaam The Manufactured Black Swan: How the Central Bank of Libya Failed to Protect the Dinar Economy & Finance · 8 min read The Manufactured Black Swan: How the Central Bank of Libya Failed to Protect the Dinar With oil prices elevated, exports continuing and the country spared the direct disruption affecting major regional shipping routes, why has the dollar… By Amad Abukhzaam Inside the Central Bank of Libya — the numbers behind the budget surplus and the $5 billion foreign-currency gap Economy & Finance · 14 min read Inside the Central Bank of Libya — the numbers behind the budget surplus and the $5 billion foreign-currency gap Official data show Libya used more than $5 billion in foreign currency beyond what it received in oil revenues and royalties during the first eight mo… By Amad Abukhzaam Libya's banks can't carry the economy alone Article · 4 min read Libya's banks can't carry the economy alone Libya's economy is being held back not by weak banks alone, but by the absence of capital markets, institutional investors and non-bank financing — an… By Naaman Elbouri Libya’s Currency Crisis: Governance Failure, Letters of Credit, and the Limits of Exchange-Rate Reform Economy & Finance · 7 min read Libya’s Currency Crisis: Governance Failure, Letters of Credit, and the Limits of Exchange-Rate Reform Libya's dinar crisis is often discussed as if it were primarily a question of finding the correct exchange rate. That diagnosis is too narrow. The rep… By Amad Abukhzaam What If Banks Financed the Economy Instead of the Government? Economy & Finance · 5 min read What If Banks Financed the Economy Instead of the Government? Libya's problem is not a shortage of money, but the weak direction of it — an argument for redirecting bank liquidity from government deficit financin… By Naaman Elbouri How Libya's currency exchange firms earn 3,740 dinars a day for doing almost nothing Economy & Finance · 3 min read How Libya's currency exchange firms earn 3,740 dinars a day for doing almost nothing An examination of the commissions generated through Libya’s personal foreign exchange allowance scheme, and whether the public received a commensurate… By Mohammed Elhejaj The September Test: Can Libya's Central Bank Fund Demand Exceeding $4 Economy & Finance · 2 min read The September Test: Can Libya's Central Bank Fund Demand Exceeding $4 The Central Bank of Libya faces a fresh test in managing the foreign exchange market as September approaches, with estimates suggesting hard currency… By Mohammed Elhejaj
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