22 September 2026 · Tripoli
EUR / LYD Official 7.288 · Parallel 10.52 ▲ USD / LYD Official 6.367 · Parallel 9.060 ▲ GBP / LYD Base 8.496 ▼ Oil (Brent) $ 96.98 ▲ Gold (Gram) LYD 4,380.40 ▼
Section

Economy & Finance

Banking, monetary policy and capital markets.

16 pieces
Latest · Article · 17 September 2026
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 months of 2026. A source inside the Central Bank says the pressures run deeper than the published figures suggest, pointing to favouritism, weak oversight and retaliation against staff who insist on professional independence within the institution charged with protecting the dinar.

By Amad Abukhzaam · 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 Libya holds $25 million in blocked airline funds, IATA says News · 1 min read Libya holds $25 million in blocked airline funds, IATA says International carriers cannot repatriate $25 million in revenue earned in Libya due to foreign-exchange restrictions, placing the country ninth global… 1 min read Libya’s Currency Crisis: Governance Failure, Letters of Credit, and the Limits of Exchange-Rate Reform Article · 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… 7 min read What If Banks Financed the Economy Instead of the Government? Article · 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… 5 min read Benghazi closes global planning summit with sights set on a rebuilt city Report · 2 min read Benghazi closes global planning summit with sights set on a rebuilt city The Global Competitive Urban Planning Initiative wrapped up its three-day final event in Benghazi on 8 September, with Organisers pointing to a series… 2 min read Libya's long-term investment portfolio posts $1.25bn in returns for 2025, chairman says News · 1 min read Libya's long-term investment portfolio posts $1.25bn in returns for 2025, chairman says Abdulfattah Ghaffar tells CNN Business Arabic the fund manages some $13 billion in assets and is awaiting UN clearance to redeploy frozen holdings thr… 1 min read How Libya's currency exchange firms earn 3,740 dinars a day for doing almost nothing Article · 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… 3 min read Libya's defence-salary rise triggers wave of wage demands and inflation warnings Report · 2 min read Libya's defence-salary rise triggers wave of wage demands and inflation warnings Teachers, doctors and oil-facility guards step up pressure for pay rises after a 7-billion-dinar increase for defence personnel, as economists warn of… 2 min read Amal Al-Saudi becomes first woman to chair a Libyan bank News · 1 min read Amal Al-Saudi becomes first woman to chair a Libyan bank Al-Saudi, a trade finance specialist with over 30 years' experience across the MENA region, was named chairwoman of United Bank for Commerce and Inves… 1 min read Dollar continues to rise against Libyan dinar in parallel market News · 1 min read Dollar continues to rise against Libyan dinar in parallel market The US dollar traded at 9.26 dinars in spot transactions across Tripoli, Benghazi, Zliten and Misrata on Wednesday, while bank transfers and cheques p… 1 min read Gold falls to near two-week low as Fed's Warsh signals rate hikes to curb inflation News · 1 min read Gold falls to near two-week low as Fed's Warsh signals rate hikes to curb inflation Spot gold drops to $4,439.31 an ounce, and silver eases to $66.68 as Federal Reserve chairman Kevin Warsh's comments dampen demand for the metal ahead… 1 min read