The Central Bank of Libya (CBL) has announced a significant 13.3% devaluation of the Libyan dinar, adjusting the exchange rate to 5.5677 dinars per US dollar, effective from April 6, 2025. This decision marks a shift from the previous rate of 0.1555 to 0.1349 Special Drawing Rights (SDRs) per dinar. The move comes as part […]
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva hailed Wednesday the progress made in restoring debt sustainability globally including Chad, at a meeting of the G20 Finance Ministers and Central Bank Governors in India, “Zawya reports”. The central African country in November 2022 reached an agreement with its creditors, notably Swiss commodities trader Glencore, […]
The Royal Moroccan Armed Forces and the Utah National Guard have conducted lately a joint training on small unmanned aircraft system (SUAS) in Agadir as drones continue to shape modern military operations. The training brought together U.S. military organizations, including the Combined Arms Training Center, 7th Army Training Command, from U.S. Army Garrison Vilseck, Germany, […]
