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 ▲
Section

Economy & Finance

Banking, monetary policy and capital markets.

26 pieces
Latest · News · 2 November 2026
House of Representatives formally elects Abukhazam Central Bank governor

Fawzi Abukhazam was formally elected Central Bank governor with 78 votes at a House of Representatives session in Sabha on Monday.

1 min read
Who Is Fawzi Bukhzam, the Central Bank’s Newly Tasked Governor? Report · 2 min read Who Is Fawzi Bukhzam, the Central Bank’s Newly Tasked Governor? Fawzi Bukhzam, an engineer turned banker and Central Bank board member, has been tasked with running the governor’s duties after Naji Issa’s resignati… 2 min read Dollar Hits 9.99 Dinars on Parallel Market News · 1 min read Dollar Hits 9.99 Dinars on Parallel Market The US dollar opened trading on Wednesday at 9.99 dinars on the parallel market, just below the 10 dinar mark, according to early quotes. 1 min read Libya's unified salary scale will not fix a foreign-exchange problem Article · 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… 8 min read Libya's Economy Ministry Suspends Ban on Imports Outside Banking Channels, Grants Traders Six-Month Grace Period News · 1 min read Libya's Economy Ministry Suspends Ban on Imports Outside Banking Channels, Grants Traders Six-Month Grace Period Importers must register with the relevant authorities and complete customs procedures as normal, with imports during the grace period capped at about… 1 min read World Bank Sharply Cuts Libya's 2026 Growth Forecast to 1.4% News · 2 min read World Bank Sharply Cuts Libya's 2026 Growth Forecast to 1.4% The World Bank now expects Libya's economy to grow by just 1.4% in 2026 and 2.9% in 2027, a steep downgrade from its earlier outlook, as regional conf… 2 min read Libya bans export of agricultural and locally made food products, except dates News · 1 min read Libya bans export of agricultural and locally made food products, except dates Economy Minister Souhil Boushiha also halts re-export of all imported goods, citing the need to stabilise the domestic market. 1 min read 60,000 lawsuits, billions in rulings — how Libya's legal liabilities became a fiscal burden Report · 4 min read 60,000 lawsuits, billions in rulings — how Libya's legal liabilities became a fiscal burden A 2015 Audit Bureau report reveals the scale of court judgments against the Libyan state, from a $936 million Al Kharafi arbitration award to systemic… 4 min read Libya begins enforcing east-west ban on imports outside banking channels News · 1 min read Libya begins enforcing east-west ban on imports outside banking channels Matching decisions from the economy ministries of both the Tripoli and eastern-based governments take effect Wednesday, requiring goods to enter throu… 1 min read The Manufactured Black Swan: How the Central Bank of Libya Failed to Protect the Dinar Article · 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… 8 min read Inside the Central Bank of Libya — the numbers behind the budget surplus and the $5 billion foreign-currency gap Article · 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… 14 min read Libyan bank-fraud networks triple Facebook impersonation scams in a month Report · 2 min read Libyan bank-fraud networks triple Facebook impersonation scams in a month A monthly fraud-tracking report finds bank impersonation scams on Facebook nearly tripled in August, with coordinated scripts and offshore signals poi… 2 min read