We are also continuing to grant new (hard currency) approvals and reservations and are preparing to begin cash sales of foreign currency. ‘‘We will grant foreign exchange Bureaux (Sarafa) the authority to broker the sale of foreign currency for cash for personal purposes, similar to exchange companies, as part of a plan to regulate the exchange market’’. Yesterday, the dinar closed at around LD 8.75 per dollar. Persistent over-demand for hard currencyHowever, there is, and has been for years now, a persistent over-demand for the dollar on the Libyan foreign exchange currency black-market. It is to be seen if the CBL’s new tactics will solve the LD exchange rate problem in the long-term, or if they are simply short-term fixes.

Source: Libya Today April 05, 2026 13:26 UTC