Emerging Markets Finance Headlines Libya

Libya Issues Licenses to 91 New Foreign Exchanges Bureaux amid Dinar Slide and Cash Crisis

The Central Bank of Libya (CBL) has granted final practice permits to 91 companies and foreign exchange bureaux, as the Libyan dinar fell to 8.17 against the US dollar on the black market, amid ongoing cash shortages. The decision was announced on Tuesday, December 9. The CBL said the latest licensing forms part of its […]